Preferred Stock Channel
Post Properties Inc | 8 1/2% Series A Cumulative Redeemable Preferred Shares (PPS.PRA)

Prospectus excerpt:  Dividends on the 8 1/2% Series A Cumulative Redeemable Preferred Shares, $.01 par value per share (the "Preferred Shares"), of Post Properties, Inc. (the "Company") will be cumulative from the date of original issue and will be payable quarterly on or about the last day of March, June, September and December of each year, commencing December 31, 1996, at the rate of 8 1/2% of the liquidation preference per annum (equivalent to $4.25 per annum per share).

The Preferred Shares are not redeemable prior to October 1, 2026. On or after October 1, 2026, the Preferred Shares may be redeemed for cash at the option of the Company in whole or in part, at a redemption price of $50.00 per share, plus accrued and unpaid dividends, if any, thereon.

Full Prospectus PDF », PPS Page »

Series:A
Alternate symbology:PPS-A, PPS-PA, PPSprA
Redeemable?:Yes
Call Date:10/1/2026
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:1,000,000
Overallotment:150,000
Liquidation Preference:$50
Original Coupon:8.50%
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
CDx3 Compliance Rating: Learn PPS.PRA's Rating
Post Properties is a self-administrated and self-managed equity real estate investment trust (REIT). Co. and its subsidiaries develop, own and manage upscale multi-family apartment communities in selected markets in the U.S. Co., through its wholly-owned subsidiaries, is the general partner and owns a majority interest in Post Apartment Homes, L.P. which, through its subsidiaries, conducts substantially all of the on-going operations of Co. At Dec 31 2015, Co. had interests in 24,162 apartment units in 61 communities. The main operating divisions of Co. include Post Apartment Management, Post Construction and Property Services, Post Investment Group and Post Corporate Services.

Preferred: PPS.PRA


Open the PPS Information Page »
Name:  Post Properties Inc
Sector:  REITs

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
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Post Properties Inc | 8 1/2% Series A Cumulative Redeemable Preferred Shares (PPS.PRA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 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 dividend 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.