MTBCP Medical Transcription 11% Series A Cumulative Preferred Stock

Dividends on the Series A Preferred Stock offered hereby are cumulative from the first day of the calendar month in which they are issued, and will be payable on the fifteenth day of each calendar month, when, as and if declared by our board of directors. Dividends will be payable out of amounts legally available therefor at a rate equal to 11% per annum per $25.00 of stated liquidation preference per share, or $2.75 per share of Series A Preferred Stock per year. Commencing on November 4, 2020, we may redeem, at our option, the Series A Preferred Stock, in whole or in part, at a cash redemption price of $25.00 per share, plus all accrued and unpaid dividends to, but not including, the redemption date.   This security was issued by CareCloud, Inc, whose common stock symbol is MTBC.

$26.91  -0.08 (-0.28%)
As of 01/09/2023 16:00:00 EST     IEX book   CBOE book

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Security Information

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Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Health Care
Industry:  Health Information Services
Index country:  USA
Country of incorporation:  USA
IPO date:  11/04/2015
Outstanding shares:  294,698
Average volume:  7,741
Market cap:   $7,931,414
Current dividend yield:  10.22%    calculation
Coupon rate:    11.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   11/04/2020
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BKP32F2