Mr Cooper Group Inc (COOP)

[jackson227]

Exactly marayatano.


The dividend VERBAGE for WAMPQ and WAMKQ are the same.


I would gladly pay .25 and wait 2 years to get $25
if divis stop being paid on WAMKQ


If DIVIDENDS STOP BEING PAID ON WAMPQ, then

WAMPQ WILL BE CONVERTED INTO COMMON SHARES, NOT CONVERTED INTO $1,000.


Also, it is VERY VERY LIKELY, that WAMPQ DIVIDENDS are the DIVIDENDS THAT WON'T BE PAID.


The VERBAGE about DIVIDENDS in CH 11 MEANS THAT DIVIDEND PAYMENTS WON'T BE SENT ON THE PROJECTED DATE, BUT ALL DECLARED DIVIDENDS WILL BE PAID.


IT IS ALWAYS THE CASE WITH ALL PREFERRED STOCKS THAT DIVIDEND
PAYMENTS CAN CEASE. HOWEVER, THAT IS WHY

HAVING A PREFERRED STOCK THAT IS NOT CONVERTIBLE

IS THE SAFEST PLAY BECAUSE THERE IS NO GRAY AREA!!!!!