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Allstate Announces Quarterly Dividends Payable in January 2026
Businesswire· 2025-11-20 21:33
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly common stock dividend of $1.00 on Nov. 20, 2025. Allstate also declared the payment of quarterly preferred dividends. Common stock dividends Allstate declared a quarterly dividend of $1.00 on each outstanding share of the corporation's common stock, payable in cash on Jan. 2, 2026, to stockholders of record at the close of business on Dec. 1, 2025. Preferred stock d. ...
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Businesswire· 2025-11-14 13:00
Core Points - Wells Fargo & Company has declared dividends on six series of preferred stock, reflecting its ongoing commitment to returning value to shareholders [1][2][3][4][5][6][7] Dividend Details - A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, with a liquidation preference of $1,000 per share, payable on Dec. 15, 2025, to holders of record as of Nov. 28, 2025 [2] - A quarterly cash dividend of $351.56 per share was declared on its 5.625% noncumulative perpetual class A preferred stock, Series Y, with a liquidation preference of $25,000 per share, payable on Dec. 15, 2025, to holders of record as of Nov. 28, 2025 [3] - A quarterly cash dividend of $296.88 per share was declared on its 4.75% noncumulative perpetual class A preferred stock, Series Z, with a liquidation preference of $25,000 per share, payable on Dec. 15, 2025, to holders of record as of Nov. 28, 2025 [4] - A quarterly cash dividend of $293.75 per share was declared on its 4.70% noncumulative perpetual class A preferred stock, Series AA, with a liquidation preference of $25,000 per share, payable on Dec. 15, 2025, to holders of record as of Nov. 28, 2025 [5] - A quarterly cash dividend of $273.44 per share was declared on its 4.375% noncumulative perpetual class A preferred stock, Series CC, with a liquidation preference of $25,000 per share, payable on Dec. 15, 2025, to holders of record as of Nov. 28, 2025 [6] - A quarterly cash dividend of $265.63 per share was declared on its 4.25% noncumulative perpetual class A preferred stock, Series DD, with a liquidation preference of $25,000 per share, payable on Dec. 15, 2025, to holders of record as of Nov. 28, 2025 [7] Company Overview - Wells Fargo & Company is a leading financial services company with approximately $2.1 trillion in assets, providing a diversified set of banking, investment, and mortgage products and services [8]
NexPoint Real Estate Finance(NREF) - 2025 Q3 - Earnings Call Transcript
2025-10-30 16:00
Financial Data and Key Metrics Changes - For Q3 2025, the company reported a net income of $1.12 per diluted share, an increase from $0.74 per diluted share in Q3 2024, attributed to unrealized gains on preferred stock and stock warrant investments [4] - Earnings available for distribution decreased to $0.51 per diluted share in Q3 2025 from $0.75 per diluted share in Q3 2024 [4] - Cash available for distribution also declined to $0.53 per diluted share in Q3 2025 from $0.67 per diluted share in Q3 2024 [5] - The company declared a regular dividend of $0.50 per share for Q3 2025, which was 1.06 times covered by cash available for distribution [5] - Book value per share increased by 8% from Q2 2025 to $18.79 per diluted share, primarily due to unrealized gains on preferred stock investments and stock warrants [5] Business Line Data and Key Metrics Changes - The portfolio consists of 88 investments with a total outstanding balance of $1.1 billion, allocated as follows: 47.3% multifamily, 33.9% life sciences, 15.9% single-family rental, 1.8% storage, and 1.1% marina [6] - The fixed income portfolio is allocated as follows: 27% CMBS B pieces, 26.5% mezzanine loans, 18.6% preferred equity investments, 12.4% revolving credit facilities, 10% senior loans, 4.2% IO strips, and 1.3% promissory notes [6] Market Data and Key Metrics Changes - The assets collateralizing investments are geographically allocated with 28.1% in Massachusetts, 15.5% in Texas, 8% in Georgia, and smaller percentages in California, Maryland, and Florida, reflecting a preference for Sunbelt markets [7] - The collateral on the portfolio is 87.4% stabilized, with a loan-to-value ratio of 54.9% and a weighted average debt service coverage ratio (DSCR) of 1.41 times [8] Company Strategy and Development Direction - The company is launching a Series C Preferred offering of $200 million at an 8% coupon, continuing to deploy capital at spreads of 400 basis points plus the cost of this capital [9] - The company is focused on maintaining a low leverage profile, which allows for various capital options to pursue growth opportunities [18] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the rental market outlook, anticipating positive revenue growth in 2026 for the first time in several years [12] - The life sciences sector is showing signs of stabilization with a significant lease signed with Lila Sciences, which is expected to drive leasing momentum [17][22] - The multifamily sector is expected to see new lease growth inflecting in major markets, with optimism for transaction volumes to increase dramatically in 2026 [36] Other Important Information - The company funded $42.5 million on a life sciences preferred and $6.5 million on a loan with a monthly coupon of SOFR +900 basis points during the quarter [5] - The company sold a multifamily property for $60 million, resulting in a $3.7 million gain [6] Q&A Session Summary Question: Updated view on the life sciences sector - Management noted that distress in the life sciences sector primarily affects projects capitalized shortly after COVID, while their investments are focused on first-to-fill assets in strong markets [21][22] Question: Thoughts on multifamily supply and bridge lending - Management acknowledged softness in the bridge lending space due to floating-rate loans originated in 2021-2022 but expressed optimism for new lease growth in constrained supply markets [35][36]
AT&T: Why I’m Still Buying The High-Yielding Preferred Stock (NYSE:T)
Seeking Alpha· 2025-10-18 15:40
The share price of AT&T (NYSE: T ) has been under pressure lately as the telecom sector in the United States is changing. In this excellent preview by fellow author Vladimir Dimitrov, the key elements to look out for in next week’sHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital ga ...
Bank of America Declares Preferred Stock Dividends Payable in November and December 2025
Prnewswire· 2025-10-17 20:15
Accessibility StatementSkip Navigation CHARLOTTE, N.C., Oct. 17, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: SOURCE Bank of America Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? | Series of Preferred Stock | Dividend per Share or | Record | Payment | | --- | --- | --- | --- | | | Depositary Share | Date | Date | | Fl ...
One Does Not Simply Impose 100% Tariffs On China
Seeking Alpha· 2025-10-13 16:56
Group 1 - The Conservative Income Portfolio (CIP) targets high-value stocks with significant margins of safety and aims to reduce investment volatility through well-priced options [1] - The portfolio includes a Covered Calls strategy designed for lower volatility income investing with a focus on capital preservation [1] - The fixed income portfolio emphasizes purchasing securities that offer high income potential and are heavily undervalued compared to their peers [1] Group 2 - Trapping Value consists of a team of analysts with over 40 years of combined experience in generating options income while prioritizing capital preservation [2] - The investing group operates in partnership with Preferred Stock Trader, featuring two income-generating portfolios and a bond ladder [2]
JPMorgan: I'm Making The Switch From Common Shares To The Preferred Stock
Seeking Alpha· 2025-10-12 14:40
Core Insights - JPMorgan is a well-known U.S. financial institution that has recently performed very well, with its share price surpassing $300 [1] Group 1: Company Performance - The bank has shown strong performance lately, indicating robust financial health and investor confidence [1] Group 2: Investment Focus - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, emphasizing capital gains and dividend income [1] Group 3: Portfolio Management - The investment group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1]
Fifth Third Bancorp: Using Preferred Stock To Position For Lower Interest Rates
Seeking Alpha· 2025-10-03 14:30
Group 1 - Fifth Third Bancorp is the holding company of Fifth Third Bank, headquartered in Ohio, with operations primarily in Ohio, Kentucky, Indiana, Michigan, and the Carolinas [1] Group 2 - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, emphasizing capital gains and dividend income [2] - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [2]
XOMA Royalty PFD Update: Going Back To My Original Sell Ratings
Seeking Alpha· 2025-10-03 12:00
Group 1 - The focus is on income-producing asset classes such as REITs, ETFs, Preferreds, and 'Dividend Champions' that target premium dividend yields up to 10% [1] - iREIT®+HOYA Capital is highlighted as a premier income-focused investing service that offers sustainable portfolio income, diversification, and inflation hedging opportunities [2] - XOMA Royalty Corporation provides preferred stock investors a chance to diversify their holdings away from mREITs and banks without needing to invest in ETFs or CEFs [3]
XOMA Royalty PFD Update: Going Back To My Original Sell Ratings (NASDAQ:XOMA)
Seeking Alpha· 2025-10-03 12:00
Group 1 - The focus is on income-producing asset classes such as REITs, ETFs, Preferreds, and 'Dividend Champions' that target premium dividend yields up to 10% [1] - iREIT®+HOYA Capital is highlighted as a premier income-focused investing service that offers sustainable portfolio income, diversification, and inflation hedging opportunities [2] - XOMA Royalty Corporation provides preferred stock investors with a chance to diversify their holdings away from mREITs and banks without needing to invest in ETFs or CEFs [3]