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Variable-Rate Preferred Stock
(redirected from Adjustable Rate Preferred Stocks)

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Variable-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. They may also be backed by mortgages or mortgage-backed securities. Variable-rate preferred stocks tend to have stable prices because a drop in the common share's price is offset by a rise in bonds, and vice versa.
variable-rate preferred stock
See floating-rate preferred stock.
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80 per fully diluted share charge to earnings as a result of an other than temporary impairment in the value of certain Federal Home Loan Mortgage Corporation (Freddie Mac) and Federal National Mortgage Corporation (Fannie Mae) adjustable rate preferred stocks it holds in its investment portfolio.
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The dividend rates on the adjustable rate preferred stocks are 6.
BankBoston Declares Common and Preferred Dividends by Business Wire
The dividend rates on the adjustable rate preferred stocks are 6.
Bank of Boston declares common and preferred dividends by Business Wire
 
 
 
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