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Subject:  Re: Preferred stock question Date:  2/24/2014  2:41 PM
Author:  pauleckler Number:  35207 of 36670

As Santander is not a US company, I don't know how relative my experience is. However, with US companies, preannouncements can be elusive. Sometimes they make the news. Other times all you get is a notice from your broker. And even that sometimes lacks details.

Usually when they call an issue, US companies do pay the "interest" accrued since the last payment.
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