Sat, Jan 31, 2015, 1:03 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Philippine Long Distance Telephone Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • lightforth lightforth Sep 20, 2002 4:26 PM Flag

    Preferred Dividend

    It may be paid like a bond, twice a year. This is PHI's description of the bond:

    SECURITY DESCRIPTION: Philippine Long Distance Telephone Co., US$3.50 Series III Convertible Preferred Stock, reference amount $50 per share, liquidation preference Philippine $11.00. Cumulative cash dividends of US$3.50 per annum. Each ADR represents one share of the preferred stock. The preferred shares are convertible at any time at the option of the holder into 1.7129 shares of common stock (a conversion price of US$29.19 per common share for each preferred share).

    The dividend may have been adjusted in USA for currency change, since it is now over 4.00
    Because of decrease in capital expenditure, the company has much increased its cash on hand.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
PHI
66.70+0.08(+0.12%)Jan 30 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Hawaiian Holdings Inc.
NASDAQFri, Jan 30, 2015 4:00 PM EST
Boot Barn Holdings, Inc.
NYSEFri, Jan 30, 2015 4:02 PM EST