NSTAR Electric Co., 4.25% Series Cumulative Preferred Stock (NSARP)
OTOTC · Preferred · CUSIP 100599208
Last Price•••.••
Current Yield•.••%
Yield to Call•.••%
Yield to Worst•.••%
Free registration unlocks the quote, yield calculations, price chart and full fundamentals for NSARP and every other security on QuantumOnline.
🔒
Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD. Register free to view.

Security Details

Coupon Rate
4.25%
Liquidation Preference
$100.00
Call Price
$103.63
Call / Redemption Date
—
Maturity Date
None
Distribution Period
Q
Rate Type
Fixed
Annual Distribution
4.25
Distribution Dates
2/1, 5/1, 8/1 & 11/1
Credit Ratings
Moody's A3 · S&P BBB+ (5/21/2023)
Tax-Advantaged Dividends
Yes

Security Profile

Security Type
Traditional Preferred Stock »
CUSIP
100599208
Market Cap
Micro Cap
IPO
6/13/1956
Previous Symbol
BOSEP (changed 2/23/2007)
Previous Name
Boston Edison Co., 4.25% Series Cumulative Preferred Stock
Parent Company
Eversource Energy (ES)
Business: NSTAR Electric Co., formerly Boston Edison Co., 4.25% Series Cumulative Preferred Stock, $100 par value, redeemable anytime at the company's option at $103.625 plus accrued dividends, and not mandatorily redeemable. <p> Distributions are paid quarterly 2/1, 5/1, 8/1 & 11/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax <p> bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. NSTAR Electric Co is now a subsidiary of Eversource Energy (NYSE: ES).
Notes: Apr 10, 2012 -- Northeast Utilities (NYSE: NU and NSTAR (NYSE: NST) announced today that their merger is complete, creating one of the nation’s largest utilities with six regulated electric and natural gas utilities serving 3.5 million customers in three states. The newly merged company will continue to be called Northeast Utilities and NSTAR will become an NU subsidiary in Massachusetts. NU will be more diverse and better positioned to support economic growth and renewable energy opportunities in New England.

Company Contact

CEO
Thomas J. (Tom) May
CFO
Jim Judge
Headquarters
800 Boylston Street, Boston, MA 02199
Phone
617-424-2000 · Toll-Free 800-338-8446
Fax
617-424-2605
Investor Relations
Melissa Cameron · 781-441-8862 · melissa.cameron@eversource.com
SEC EDGAR Filings
View filings »