GST preferred stocks are rock solid
Posted: Mon Jan 06, 2014 6:41 pm
HOUSTON, Jan. 6, 2014 /PRNewswire/ -- Gastar Exploration, Inc. (NYSE MKT: GST) ("Gastar") announced today that Gastar Exploration USA, Inc., the direct subsidiary of Gastar, has declared monthly cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") for January 2014.
The dividend on the Series A Preferred Stock is payable on January 31, 2014 to holders of record at the close of business on January 16, 2014. The January 2014 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.179688 per share, based on the $25.00 per share liquidation preference of the Series A Preferred Stock. The Series A Preferred Stock is currently listed on the NYSE MKT and trades under the ticker symbol "GST.PRA."
The dividend on the Series B Preferred Stock is payable on January 31, 2014 to holders of record at the close of business on January 16, 2014. The January 2014 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.223958 per share, based on the $25.00 per share liquidation preference of the Series B Preferred Stock. The Series B Preferred Stock is currently listed on the NYSE MKT and trades under the ticker symbol "GST.PRB."
The dividend on the Series A Preferred Stock is payable on January 31, 2014 to holders of record at the close of business on January 16, 2014. The January 2014 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.179688 per share, based on the $25.00 per share liquidation preference of the Series A Preferred Stock. The Series A Preferred Stock is currently listed on the NYSE MKT and trades under the ticker symbol "GST.PRA."
The dividend on the Series B Preferred Stock is payable on January 31, 2014 to holders of record at the close of business on January 16, 2014. The January 2014 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.223958 per share, based on the $25.00 per share liquidation preference of the Series B Preferred Stock. The Series B Preferred Stock is currently listed on the NYSE MKT and trades under the ticker symbol "GST.PRB."