Purchase 50 Colony Capital Pref H & 50 Colony Capital Pref I

Today I a total of 100 preferred stocks from Colony Capital divided over 2 different series.

50 preferred shares from series H with a dividend of 7,125%. Series H are callable from 13 April 2o20. Based on a purchase price of $21,97 my yield on cost will be 8,1%.

I also bought 50 preferred shares from series I with a dividend of 7,15%. Series I are callable from 5 June 2022. Based on a purchase price of $22,55 my yield on cost will be 7,9%.

With the purchase of 50 shares of both series I add $178,40 to my yearly estimated dividend income.

Leave a Reply

Your email address will not be published. Required fields are marked *