FRGAP Franchise Group, Inc. - 7.50% Series A Cumulative Perpetual Preferred

We will pay cumulative distributions on the Series A Preferred Stock, from, and including, the date of original issuance, in the amount of $1.875 per share each year, which is equivalent to 7.50% of the $25.00 liquidation preference per share. Dividends on the Series A Preferred Stock will be payable quarterly in arrears, on or about the 15th day of January, April, July and October of each year (or, if not on a business day, on the next succeeding business day). The first dividend on the Series A Preferred Stock sold in this offering will be paid on or about October 15, 2020. On or after September 18, 2025, we may, at our option, redeem the shares of the Series A Preferred Stock, in whole or from time to time in part, by paying $25.00 per share, plus any accumulated and unpaid dividends to, but not including, the redemption date.   This security was issued by Franchise Group, Inc., whose common stock symbol is FRG.

$23.62  +0.91 (4.01%)
As of 07/01/2022 15:58:00 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Consumer Discretionary
Industry:  Personal Services
Index country:  USA
Country of incorporation:  USA
IPO date:  09/21/2020
Outstanding shares:  1,200,000
Average volume:  26,142
Market cap:   $27,252,000
Current dividend yield:  8.26%    calculation
Coupon rate:    7.500%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   09/18/2025
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BMZ1J04

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