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Tuesday, May 04, 2021 10:27:22 AM
No.
You posted:
You "forget" to mention the preferreds are non cumulative preferreds and get preference "only on the current quarter dividend".
The preferreds dont get retro dividends, its prohibited because they are non cumulative.
You posted:
....so the preferred are now at par + 5 years of dividends.
You "forget" to mention the preferreds are non cumulative preferreds and get preference "only on the current quarter dividend".
The preferreds dont get retro dividends, its prohibited because they are non cumulative.
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