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ARPS

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ARPS (1)

ARPS (2)

Adjustable-Rate Preferred Stock
A preferred stock paying a dividend that varies from time to time. Usually the dividend rate is the same as the interest rate on a Treasury security, which is adjusted quarterly. They may also be backed by mortgages or mortgage-backed securities. ARPS's tend to have stable prices because a drop in the common share's price is offset by a rise in bonds, and vice versa.


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Tonight, "Printers Pie Goes Digital" (prints), Peter Quinn ARPS, DPAGB, APAGB.
ARPS information and updates are posted on Nuveen's auction-rate preferred resource center at www.
Tonight: Print Competition, Judge Mavis Ord, ARPS, DPAGB.
 
 
 
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