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
You were lied to by the Government, not by UNH.
There will be no bids / buyout for the company. There is nothing to buy. The common shares are worthless. The bondholders and the debt holders will own the company. And they still will not recover 100% of what they are owed.