Preferred Stock Channel
MSA Safety Inc | 4.50% Preferred Stock (MNESP)

Prospectus excerpt:  MSA Safety, Inc., formerly Mine Safety Appliances Co., 4 1/2% Cumulative Preferred Stock, liquidation preference $50 per share, nonvoting, currently redeemable at the issuer's option at $52.50 per share plus accrued and unpaid dividends, and with no stated maturity. Distributions of 4 1/2% ($2.25) per annum are paid quarterly on 3/1, 6/1, 9/1 & 12/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders.
, Secondary Prospectus PDF », MSA Page »
Redeemable?:Yes
Call Date:5/4/2023 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Liquidation Preference:$50.00
Original Coupon:4.50%
Pay Period:Quarterly
Pay Dates:1-Mar, 1-Jun, 1-Sep, 1-Dec
CDx3 Compliance Rating: Learn MNESP's Rating
MSA Safety is engaged in the development, manufacture and supply of safety products. Co.'s product line is used in a range markets including fire service, the oil, gas and petrochemical industry, construction, industrial manufacturing applications, utilities, mining, and military. Co.'s main products include breathing apparatus where self-contained breathing apparatus is the principal product, fixed gas and flame detection systems, portable gas detection instruments, industrial head protection products, firefighter helmets and protective apparel and fall protection devices. Co.'s non-core products include air-purifying respirators, eye and face protection, ballistic helmets and gas masks.

Preferred: MNESP


Open the MSA Information Page »
Name:  MSA Safety Inc
Website:  www.MSAsafety.com
Sector:  Office Supplies
Number of ETFs Holding MSA:  66 (see which ones)
Total Market Value Held by ETFs:  $1,272,509,018.4
Total Market Capitalization:  $7,092,000,000
% of Market Cap. Held by ETFs:  17.94%

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