Preferred Stock Channel
DigitalBridge Group Inc | 8.75% Series E Cumulative Redeemable Preferred Stock (CLNS.PRE)

Prospectus excerpt:  We, NorthStar Realty Finance Corp., are offering to the public 9,000,000 shares of our 8.75% Series E Cumulative Redeemable Preferred Stock, or the Series E Preferred Stock. Dividends on shares of the Series E Preferred Stock will be cumulative from, and including, the date of original issue and payable quarterly, beginning on August 15, 2014, at the rate of 8.75% of the liquidation preference per annum, or $2.1875 per share of Series E Preferred Stock per annum.

Except to preserve our qualification as a real estate investment trust for federal income tax purposes or in connection with a Change of Control (as defined below), the Series E Preferred Stock is not redeemable prior to May 15, 2019. On and after May 15, 2019, we may redeem the Series E Preferred Stock in whole at any time or in part from time-to-time at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the redemption date (subject to an exception described below), or the redemption price. The Series E Preferred Stock has no maturity date and will remain outstanding indefinitely unless redeemed or repurchased by us or converted by the holders. Upon the occurrence of a Change of Control, we may, at our option, redeem any or all of the shares of Series E Preferred Stock at any time and from time-to-time within 120 days after the first date on which such Change of Control occurred at the redemption price.

Full Prospectus PDF », Secondary Prospectus PDF », DBRG Page »

Series:E
Alternate symbology:CLNS-E, CLNS-PE, CLNSprE
Redeemable?:Yes
Call Date:5/15/2019 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:9,000,000
Overallotment:1,350,000
Liquidation Preference:$25.00
Original Coupon:8.75%
Pay Period:Quarterly
Pay Dates:15-Feb, 15-May, 15-Aug, 15-Nov
CDx3 Compliance Rating: Learn CLNS.PRE's Rating
DigitalBridge Group is a digital infrastructure company that invests through its portfolio companies, across data centers, cell towers, fiber networks, small cells, and edge infrastructure. Co. conducts its operations as a real estate investment trust. Co.'s segments are: Digital Investment Management, which represents a digital infrastructure investment platform, managing capital on behalf of a base of global investors; and Digital Operating, which is composed of balance sheet equity interests in digital infrastructure and real estate operating companies that provide use of digital asset space and/or capacity through leases, services and other agreements.

Preferreds: CLNS.PRA, CLNY.PRB, CLNS.PRF, CLNS.PRC, CLNS.PRD, CLNS.PRE, DBRG.PRG, DBRG.PRH, DBRG.PRI, DBRG.PRJ


Open the DBRG Information Page »
Name:  DigitalBridge Group Inc
Website:  www.clns.com
Sector:  REITs
Number of ETFs Holding DBRG:  36 (see which ones)
Total Market Value Held by ETFs:  $510,925,409.8
Total Market Capitalization:  $3,026,000,000
% of Market Cap. Held by ETFs:  16.88%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

DigitalBridge Group Inc | 8.75% Series E Cumulative Redeemable Preferred Stock (CLNS.PRE) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2024, 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.