QRTEP Qurate Retail, Inc. - 8.0% Fixed Rate Cumulative Redeemable Preferred
If declared, accrued dividends are payable quarterly on each dividend payment date, which is March 15, June 15, September 15, and December 15 of each year, commencing on December 15, 2020. The Registrant is required to redeem on March 15, 2031 all outstanding shares of Series A Preferred Stock out of funds legally available, at the liquidation price plus all unpaid dividends (whether or not declared) accrued from the most recent dividend payment date. On any business day occurring on or after the fifth anniversary of the original issue date of the Series A Preferred Stock (the “Original Issue Date”), the Registrant is permitted, at any time and from time to time, to redeem all or a portion of the outstanding shares of Series A Preferred Stock out of funds legally available, at the liquidation price plus all unpaid dividends (whether or not declared) accrued from the most recent dividend payment date plus, if the redemption is (x) on or after the fifth anniversary of the Original Issue Date but prior to its sixth anniversary, 4.00% of the liquidation price, (y) on or after the sixth anniversary of the Original Issue Date but prior to its seventh anniversary, 2.00% of the liquidation price and (z) on or after the seventh anniversary of the Original Issue Date, zero. This security was issued by Qurate Retail, Inc. Series A, whose common stock symbol is QRTEA.
$34.49 -0.26 (-0.75%)
As of 03/27/2023 13:42:46 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Consumer Discretionary
Industry: Internet Retail
Index country: USA
Country of incorporation: USA
IPO date: 09/11/2020
Outstanding shares: 12,660,000
Average volume: 89,065
Market cap: $481,080,000
Current dividend yield: 21.05% calculation
Coupon rate: 8.000%
Cumulative: Yes
Liquidation value: $100.00
Callable after: 09/15/2027
Maturity date: 03/15/2031
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: BMH2T16