La règle de non-cumul

MetLife Declares Fourth Quarter 2023 Preferred Stock Dividends

Retrieved on: 
Wednesday, November 15, 2023
Banking, Professional Services, Insurance, Finance, MetLife, La règle de non-cumul, NYSE, MET, Holding company, Security (finance)

MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:

Key Points: 
  • MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:
    Quarterly dividend of $0.42157266 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA).
  • Quarterly dividend of $351.5625 per share on the company’s 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.3515625 per depositary share (NYSE: MET PRE).
  • Quarterly dividend of $296.875 per share on the company’s 4.75% non-cumulative preferred stock, Series F, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.296875 per depositary share (NYSE: MET PRF).
  • The above dividends will be payable Dec. 15, 2023, to shareholders of record as of Nov. 30, 2023.

State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series “D,” “F,” “G” and “H”

Retrieved on: 
Friday, November 10, 2023
Banking, Asset Management, Professional Services, Finance, Venture round, La règle de non-cumul, STT, State Street Corporation, NYSE, Chevrolet Series F, Chevrolet Series H, Security (finance), Series

State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:

Key Points: 
  • State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
    Series D (represented by depositary shares, each representing a 1/4000th interest in a share of Series D preferred stock).
  • Series F (represented by depositary shares, each representing a 1/100th interest in a share of Series F preferred stock).
  • Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G preferred stock).
  • Series H (represented by depositary shares, each representing a 1/100th interest in a share of Series H preferred stock).

AmTrust Announces Quarterly Cash Dividends on Preferred Stock

Retrieved on: 
Monday, November 6, 2023
Professional Services, Insurance, Finance, La règle de non-cumul, AmTrust Financial Services, AmTrust Bank, Holding company, Life insurance

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

Key Points: 

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Sunday, October 1, 2023
Growth, Bank, La règle de non-cumul, AgriBank, Clothing, Security (finance)

ST. PAUL, Minn., Oct. 1, 2023 /PRNewswire/ -- Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of September 1, 2023.

Key Points: 
  • ST. PAUL, Minn., Oct. 1, 2023 /PRNewswire/ -- Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of September 1, 2023.
  • AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.

E Split Corp. Announces Overnight Offering

Retrieved on: 
Thursday, September 7, 2023
Sale, RBC Capital Markets, Marketing, La règle de non-cumul, Scotiabank, Security (finance)

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Middlefield Group, on behalf of E Split Corp. (TSX: ENS and ENS.PR.A) (the “Company”), is pleased to announce that the Company is undertaking an overnight treasury offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively).

Key Points: 
  • Middlefield Capital Corporation provides investment management advice to the Company.
  • The syndicate of agents for the offering is being co-led by CIBC Capital Markets, RBC Capital Markets, and Scotiabank.
  • For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.
  • Actual future results, including the amount of distributions paid by the Company, may differ from the monthly distribution amount.

SOMA.finance to issue First Retail Compliant Digital Security

Retrieved on: 
Wednesday, September 6, 2023
Blockchain, Reg, Decentralized finance, Regulation D, MANTRA, Sale, Non-fungible token, La règle de non-cumul, SOMA, DEX, Regulation, Cryptocurrency

HONG KONG and NEW YORK, Sept. 6, 2023 /PRNewswire/ -- SOMA Finance, ("SOMA" & "SOMA.finance"), the joint venture between MANTRA and Tritaurian Capital, Incorporated ("Tritaurian") that is building the critical infrastructure of decentralized finance (DeFi), announced today the upcoming issuance of the SOMA token, which will be the first legally issued and compliantly structured digital security open to global and US retail investors. The SOMA token is also the first regulation crowdfunding (Reg CF) issuance on the SOMA.finance platform.

Key Points: 
  • The SOMA token is also the first regulation crowdfunding (Reg CF) issuance on the SOMA.finance platform.
  • "This first issuance of the SOMA Token, as a Reg CF using the SOMA.finance platform, will deliver on the promise and potential of DeFi and blockchain."
  • The SOMA token will be novel in that it will actually represent a financial interest in SOMA at a corporate level.
  • All offerings and regulated activity on the platform will be compliantly offered by Tritaurian utilizing the SOMA.finance technology platform.

SOMA.finance to issue First Retail Compliant Digital Security

Retrieved on: 
Wednesday, September 6, 2023
Blockchain, Reg, Decentralized finance, Regulation D, MANTRA, Sale, Non-fungible token, La règle de non-cumul, SOMA, DEX, Regulation, Cryptocurrency

HONG KONG and NEW YORK, Sept. 6, 2023 /PRNewswire/ -- SOMA Finance, ("SOMA" & "SOMA.finance"), the joint venture between MANTRA and Tritaurian Capital, Incorporated ("Tritaurian") that is building the critical infrastructure of decentralized finance (DeFi), announced today the upcoming issuance of the SOMA token, which will be the first legally issued and compliantly structured digital security open to global and US retail investors. The SOMA token is also the first regulation crowdfunding (Reg CF) issuance on the SOMA.finance platform.

Key Points: 
  • The SOMA token is also the first regulation crowdfunding (Reg CF) issuance on the SOMA.finance platform.
  • "This first issuance of the SOMA Token, as a Reg CF using the SOMA.finance platform, will deliver on the promise and potential of DeFi and blockchain."
  • The SOMA token will be novel in that it will actually represent a financial interest in SOMA at a corporate level.
  • All offerings and regulated activity on the platform will be compliantly offered by Tritaurian utilizing the SOMA.finance technology platform.

AM Best Places Credit Ratings Under Review With Developing Implications for American Equity Investment Life Insurance Company and Its Subsidiaries

Retrieved on: 
Wednesday, August 23, 2023
Consulting, Professional Services, Insurance, Finance, Good, Lake Success, AM Best, ALL, Long-Term Capital Management, Average revenue per user, Credit rating agency, Credit, AEL, Sale, Acquisition, Credit rating, La règle de non-cumul, AM, News, NYSE, Security (finance), Retail

AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Success, NY) and Eagle Life Insurance Company, collectively referred to as American Equity.

Key Points: 
  • AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Success, NY) and Eagle Life Insurance Company, collectively referred to as American Equity.
  • Concurrently, AM Best has placed under review with developing implications the Long-Term ICR of “bbb-” (Good) of American Equity Investment Life Holding Company (AEL) [NYSE: AEL] and its Long-Term Issue Credit Ratings (Long-Term IRs).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

MetLife Declares Third Quarter 2023 Preferred Stock Dividends

Retrieved on: 
Tuesday, August 15, 2023
Professional Services, Insurance, Finance, MET, MetLife Inc. v. Financial Stability Oversight Council, NYSE, MetLife, La règle de non-cumul, Holding company, Security (finance)

MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:

Key Points: 
  • MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:
    Quarterly dividend of $0.41860000 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA).
  • Semi-annual dividend of $29.375 per share on the company’s 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, with a liquidation preference of $1,000 per share.
  • Semi-annual dividend of $19.250 per share on the company’s 3.850% fixed rate reset non-cumulative preferred stock, Series G, with a liquidation preference of $1,000 per share.
  • The above dividends will be payable Sept. 15, 2023, to shareholders of record as of Aug. 31, 2023.

AmTrust Announces Quarterly Cash Dividends on Preferred Stock

Retrieved on: 
Friday, August 4, 2023
Banking, Professional Services, Insurance, Finance, AmTrust Bank, La règle de non-cumul, AmTrust Financial Services, Holding company, Life insurance

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

Key Points: 

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock: