The same preferred stock characteristic that played such a key role in saving preferred stock shareholders during the Global Credit Crisis worked its magic once again a couple of weeks ago.
On September 13, 2012, Citizens Republic Bancorp (CRBC) announced a merger agreement with FirstMerit (FMER). This deal was not only important for the principals, their shareholders, and customers, but it also serves as a real world reminder to preferred stock investors of how important the cumulative dividend characteristic can be...
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Many Happy Returns.
On September 13, 2012, Citizens Republic Bancorp (CRBC) announced a merger agreement with FirstMerit (FMER). This deal was not only important for the principals, their shareholders, and customers, but it also serves as a real world reminder to preferred stock investors of how important the cumulative dividend characteristic can be...
Note To Readers: This article was chosen to appear on the popular investing website 'Seeking Alpha'.
By clicking here a new window/tab will open on your screen to this article as it appears at SeekingAlpha.com.
Receive my Seeking Alpha articles by email: When viewing one of my articles at Seeking Alpha, click on the "Follow" button under my picture. You will be notified by email when I post a new article to Seeking Alpha.
Please enjoy reading this article at Seeking Alpha.
Many Happy Returns.
