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Subject:  Re: Preferred stock question Date:  2/24/2014  12:22 PM
Author:  pauleckler Number:  35205 of 36670

The best source of information is QuantumOnLine--

The ex-dividend date for the Mar 29 payment is Mar 13. So if you buy by then, yes you should receive three payments of $0.6563/share before the issue can be recalled.

This clearly a junk preferred (rated BB) and the dividend is non-cumulative. If they omit a dividend, you lose.
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