PreferredStockChannel
Gramercy Property Trust | 8.125% Series A Cumulative Redeemable Preferred Stock (GPT.PRA)

This preferred is marked as having been called.
Prospectus excerpt:  We are offering to the public 4,000,000 shares of our 8.125% Series A Cumulative Redeemable Preferred Stock, which we refer to in this prospectus supplement as the Series A Preferred Stock. Dividends on the Series A Preferred Stock will be cumulative from, and including, the date of original issue and payable quarterly, beginning on or about July 15, 2007, at the rate of 8.125% of the liquidation preference per annum, or $2.03125 per share of Series A Preferred Stock per year. However, if following a "change of control," the Series A Preferred Stock is not listed on the New York Stock Exchange or the American Stock Exchange or quoted on NASDAQ, investors will be entitled to receive cumulative cash dividends from, but excluding, the first date on which both the change of control has occurred and the Series A Preferred Stock is not so listed or quoted at the increased rate of 9.125% per year of the $25.00 liquidation preference (equivalent to $2.28125 per annum per share) for as long as the Series A Preferred Stock is not so listed or quoted.

Full Prospectus PDF », GPT Page »

Series:A
Alternate symbology:GPT-A, GPT-PA, GPTprA
Redeemable?:Yes
Call Date:4/18/2012 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:4,000,000
Overallotment:600,000
Liquidation Preference:$25
Original Coupon:8.13%
Pay Period:Quarterly
Pay Dates:15-Jan, 15-Apr, 15-Jul, 15-Oct
CDx3 Compliance Rating: Learn GPT.PRA's Rating
Gramercy Property Trust is a real estate investment trust, focused on acquiring, and managing single-tenant, net leased industrial, office, and specialty properties. Co.'s operating partnership, GPT Operating Partnership LP, (the Operating Partnership), indirectly owns: all of Co.'s consolidated real estate investments; Co.'s interests in unconsolidated investments; and the entities, the entities that conduct Co.'s third-party asset management operations. Co. is the sole general partner and 100% owner of the Operating Partnership. As of Dec 31 2016, Co.'s wholly-owned portfolio consisted of 318 properties.

Preferreds: GPT.PRA, GPT.PRB


Open the GPT Information Page »
Name: 
Gramercy Property Trust
Website: 
www.gptreit.com
Sector: 
REITs

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

Gramercy Property Trust | 8.125% Series A Cumulative Redeemable Preferred Stock (GPT.PRA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com

Copyright © 2010 - 2022, 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.