Due to health issues, this site is no longer maintained and will be shut down shortly.

VIASP Via Renewables, Inc. - 8.75% Series A Fixed-to-Floating Rate Cumulative Preferred

Dividends on the Series A Preferred Stock accrue daily and will be cumulative from, and including, the date of original issue and shall be payable quarterly on the 15th day of each April, July, October and January. The first dividend on the Series A Preferred Stock is scheduled to be paid on July 15, 2017 in the amount of $0.72917 per share to the persons who are the holders of record of the Series A Preferred Stock at the close of business on July 1, 2017. On and after April 15, 2022 (the “Floating Rate Period”), dividends on the Series A Preferred Stock shall accrue at an annual rate equal to the sum of (a) Three-Month LIBOR and (b) 6.578%, At any time on or after April 15, 2022, we may redeem the Series A Preferred Stock, in whole or in part, out of amounts legally available therefor, at a redemption price of $25.00 per share of Series A Preferred Stock plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared.  This security was issued by Via Renewables, Inc. - Class A, whose common stock symbol is VIA.

$21.65  -0.19 (-0.87%)
As of 03/27/2023 10:03:55 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Utilities
Industry:  Utilities—Regulated Electric
Index country:  USA
Country of incorporation:  USA
IPO date:  08/08/2021
Outstanding shares:  1,400,000
Average volume:  6,265
Market cap:   $32,620,000
Current dividend yield:  11.44%    calculation
Initial coupon rate:    8.750%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   04/15/2022
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy