|
Campus Crest Communities, 8.00% Series A Cumulative Redeemable Preferred Stock
Ticker Symbol: CCG-A* CUSIP: 13466Y204 Exchange: NYSE
* NOTE: This security is no longer trading as of 3/04/2016
Security has been Called for: Friday, March 4, 2016
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Campus Crest Communities, 8.00% Series A Cumulative Redeemable Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on or after 2/9/2017 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 8.00% ($2.00) per annum are paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the record date fixed by the board, not more than 35 days or less than 10 days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Upon the occurrence of a change of control the company will have the option to redeem the preferred shares at $25 per share plus accrued and unpaid dividends. If the company has exercised their redemption right, the holders will not have the following conversion right. Upon the occurrence of a change of control, and the company has not provided notice that they intend to redeem the preferred shares, the holder will have the right to convert the preferred shares into common shares under certain circumstances (see the prospectus for details). Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
|
Go to Parent Company's Record (CCG)
IPO - 2/2/2012 - 2.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $50.0 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 2100 Rexford Road, Suite 414, Charlotte, NC 28211 |
| Main Phone Number |
704-496-2500 |
| Fax Number |
704-496-2599 |
| Investor Relations
|
704-496-2581
|
Toll Free Phone Number |
Unknown |
| CEO - Ted W. Rollins |
CFO - Donald L. Bobbitt, Jr. |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
