DS-B Drive Shack Inc. 9.75% Series B Cumulative Redeemable Preferred Stock

We will pay cumulative dividends on the Series B Preferred Stock from the date of original issuance in the amount of $2.4375 per share each year, which is equivalent to 9.75% of the $25.00 liquidation preference per share. Dividends on the Series B Preferred Stock will be payable quarterly in arrears, beginning on April 30, 2003. On or after March 18, 2008, we may, at our option, redeem the Series B Preferred Stock, in whole or in part, at any time and from time to time, for cash at $25.00 per share, plus accrued and unpaid distributions, if any, to the redemption date.   This security was issued by Drive Shack Inc, whose common stock symbol is DS.

$21.21  -0.59 (-2.71%)
As of 07/01/2022 10:34:35 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Consumer Discretionary
Industry:  Leisure
Index country:  USA
Country of incorporation:  USA
IPO date:  12/29/2016
Outstanding shares:  2,500,000
Average volume:  3,657
Market cap:   $53,025,000
Current dividend yield:  11.49%    calculation
Coupon rate:    9.750%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   03/18/2008
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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