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Re: cottonisking post# 18071

Sunday, 11/25/2012 9:58:57 AM

Sunday, November 25, 2012 9:58:57 AM

Post# of 111096
SECURITY DESCRIPTION: Lehman Brothers Holdings Capital Trust VI, 6.24% Preferred Securities, Series N, liquidation amount $25 per share, guaranteed by Lehman Brothers Holdings Inc. (NYSE: LEH) (See our definition of Guaranteed in our Glossary of Income Investing Terms for the technicalities of the guarantee), redeemable at the issuer's option on or after 1/18/2010 at $25 per share plus accrued and unpaid dividends, maturing 1/18/2054, distributions of 6.24% ($1.56) per annum are paid quarterly on 1/18, 4/18, 7/18 & 10/18 to holders of record one business day prior to the payment date while the securities remain in book-entry form. The company has the right, at any time, to defer dividend payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 6.24% Subordinated Deferrable Interest Debentures due 1/18/2054 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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As Per Marketwatch, Ex dividend date was 7/15/08?????....
we have till 7/18/2013 ??