Stock message boards
Preferred Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Options Strategy If You Would Buy MCP Below Its $5 Offering Price
Friday, October 18, 12:18 PM ET, by Market News Video Staff

Looking back to 2 days ago, Molycorp Inc. (MCP) priced a 45,000,000 share secondary stock ...

Molycorp Inc. Stock Getting Very Oversold
Tuesday, November 12, 11:34 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Molycorp Inc. (MCP) entered into oversold territory, changing hands ...

Molycorp Inc. Stock Sees Short Interest Make 20% Move
Wednesday, November 27, 3:56 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 11/15/2013 ...

Use Options For a Chance To Buy MCP at a 70% Discount
Monday, December 30, 11:43 AM ET, by Market News Video Staff

Looking back to 75 days ago, Molycorp Inc. (MCP) priced a 45,000,000 share secondary stock ...

Noteworthy ETF Inflows: XME, AKS, MCP, WLT
Thursday, January 2, 11:18 AM ET, by Market News Video Staff

Symbols mentioned in this story: XME, AKS, MCP, WLT Exchange traded funds (ETFs) trade just ...

  More articles:  1 2 3 4 5 6 7 next »

Molycorp Inc.'s 5.50% Series A Mandatory Convertible Preferred Stock Shares Cross 18% Yield Mark

By Preferred Stock Channel Staff, Thursday, January 17, 2:58 PM ET
Play Video: The Importance of Dividends


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Thursday, shares of Molycorp Inc.'s 5.50% Series A Mandatory Convertible Preferred Stock (MCP.PRA) were yielding above the 18% mark based on its quarterly dividend (annualized to $5.50), with shares changing hands as low as $30.01 on the day. As of last close, MCP.PRA was trading at a 69.20% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible, with a conversion ratio of 1.6667 to 2.0000.

The chart below shows the one year performance of MCP.PRA shares, versus MCP:

Performance Comparison Chart

Below is a dividend history chart for MCP.PRA, showing historical dividend payments on Molycorp Inc.'s 5.50% Series A Mandatory Convertible Preferred Stock:


Special Offer: Establish a secure stream of income during your retirement years by following the Retiree Income Portfolio with this free 30 day trial

In Thursday trading, Molycorp Inc.'s 5.50% Series A Mandatory Convertible Preferred Stock (MCP.PRA) is currently off about 1.8% on the day, while the common shares (NYSE:MCP) are down about 1.7%.


This Article's Word Cloud:   Below   Convertible   Definition   Dividends   Earnings   Establish   Mandatory   Molycorp   Portfolio   Preferred   Price   Relative   Series   Start   Stock   Thursday   What   Yields   about   above   bkgImage   chart   currently   dividend   during   escape   fillColor   free   gridBackgroundColor   gridColor   gridLocation   height   labelSide   leftLabelsEvery   movingAverageColors   ratio   retirement   secure   shares   showHighsLows   showVolumeTable   showing   slideshow   stream   trading   versus   while   with   year   years

Molycorp Inc.'s 5.50% Series A Mandatory Convertible Preferred Stock Shares Cross 18% Yield Mark | www.PreferredStockChannel.com | Copyright © 2011 - 2014, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.