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Great Plains Energy Inc., 3.80% Cumulative Preferred Stock
Ticker Symbol: GXP-A* CUSIP: 391164209 Exchange: NYSE
* NOTE: This security is no longer trading as of 8/10/2016
Security has been Called for: Wednesday, August 10, 2016
June 24, 2016, Great Plains Energy announced that it was redeeming its series of cumulative preferred stock, effective August 10, 2016. Cumulative Preferred - 3.80% GXP-PACall Price $10370.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Great Plains Energy Inc., 3.80% Cumulative Preferred Stock, $100 par value, redeemable anytime at the issuer's option at $103.70 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions paid quarterly on 3/1, 6/1, 9/1 & 12/1 to holders of record on the date declared by the board. 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 bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company.
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Go to Parent Company's Record (GXP)
IPO - 2/21/1947 -
Previous Ticker Symbol: KLT-A Changed: 10/01/2001
Previous Name: Kansas City Power & Light Co. Pfd A Changed: 10/01/2001
Market Value $6.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 1200 Main Street, Kansas City, MO 64106 |
| Main Phone Number |
816-556-2200 |
| Fax Number |
Not Available |
| Investor Relations
Kevin Bryant
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816-556-2082
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| CEO - Terry D. Bassham |
CFO - James C. Shay |
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