PreferredStockChannel
Diana Shipping Inc | 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares (DSX.PRB)

Prospectus excerpt:  We are selling 2,400,000 of our 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share (the ÙSeries B Preferred Sharesˆ).

Dividends on the Series B Preferred Shares are cumulative from the date of original issue and will be payable quarterly in arrears on the 15th day of January, April, July and October of each year, when, as and if declared by our board of directors. The initial dividend on the Series B Preferred Shares offered hereby will be payable on April 15, 2014. Dividends will be payable out of amounts legally available therefor at a rate equal to 8.875% per annum of the stated liquidation preference.

Full Prospectus PDF », Secondary Prospectus PDF », DSX Page »

Series:B
Alternate symbology:DSX-B, DSX-PB, DSXprB
Redeemable?:Yes
Call Date:2/14/2019 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:2,400,000
Overallotment:360,000
Liquidation Preference:$25.00
Recent Market Price:$26.30
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$1.30 (5.20%)
Annualized Dividend:2.2188
Recent Ex-Date:4/11/2024
Current Yield:8.44%
Original Coupon:8.875%
Pay Period:Quarterly
Pay Dates:15-Jan, 15-Apr, 15-Jul, 15-Oct
CDx3 Compliance Rating: Learn DSX.PRB's Rating
Diana Shipping is a holding company. Through its subsidiaries, Co. is a global provider of shipping transportation services. Co. engages in the ownership of dry bulk vessels. Each of Co.'s vessels is owned through a separate wholly-owned subsidiary.

Preferred: DSX.PRB


Open the DSX Information Page »
Name: 
Diana Shipping Inc
Website: 
www.dianashippinginc.com
Sector: 
Shipping
Number of ETFs Holding DSX: 
1 (see which ones)
Total Market Value Held by ETFs: 
$907,941
Total Market Capitalization: 
$259,000,000
% of Market Cap. Held by ETFs: 
0.35%

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Diana Shipping Inc | 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares (DSX.PRB) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.