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Re: None

Friday, 11/15/2019 2:36:46 PM

Friday, November 15, 2019 2:36:46 PM

Post# of 60412
FCELB preferred dividend for the three Qs is $37.97 per share.

$37.97 seems correct to me

November 15. $12.50 per share

August 15. $12.66 per share at 5%.
5% + (1 * O.625%)= 5.0625
5.0625/5% = 1.0125
1.0215 $12.50 = $12.66% per share.

May 15. $12.81 per share
5% + (2 * 0.625%) = 5.125%
5.125%/5% = 1.025
1.025 * $12.50 = $12.81

So, $12.50 + $12.66 + $12.81 = $37.97 per share

That's Bloomberg's calculation and my calculation.
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