The sell off in the ASC share price today would indicate that low oil prices do indeed have an impact. But one day does not tell all.
My guess is the preferred stock will have its next dividend declared on or about June 6, 2016.
This scam preferred stock will have its next dividend declared on or about June 6, 2016.
$0.38 dividend X 1,082 shares = $411.16
What is the interest rate on the new refinancing? VER is replacing $800 million principal amount of its existing 2.00% Senior Notes due 2017. 2.00% looks pretty good.
Book Value Per Share (mrq): 6.49