Washington Mutual Preferred fka WAMPQ

[B-T]

The dividends are 7.75% per year, or $77.50 per share per year ($19.375 per share per quarter). If they were declared for 6 periods that would equate to $116.25 per share. The problem is that since the company was taken over there has not been a board of directors to declare a dividend to be paid. Since the dividends are only due once declared by the BOD they are technically not required. They could be offered as part of a settlement, but I would not count on it.