Spire (NYSE: SR) will redeem all 10,000 outstanding shares of its 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock (SR.PRA) on February 13, 2026. Redemption price equals $25.00 per Depositary Share plus accrued dividends; the declared quarterly dividend of $0.36875 per Depositary Share will be paid on February 17, 2026 to holders of record as of January 26, 2026. Payment is made in two parts: base redemption on the Redemption Date and the declared dividend on February 17, 2026, after which the company has no further obligations on the redeemed shares.
Spire (NYSE: SR) notified holders it will redeem all 10,000 outstanding 5.90% Series A cumulative perpetual preferred shares and related depositary shares effective February 13, 2026. Depositary Shares will receive a Redemption Price of $25.36056 per Depositary Share, inclusive of accumulated dividends through but not including the Redemption Date.
The Series A preferred will cease accruing dividends immediately prior to redemption and will be delisted from the New York Stock Exchange upon redemption.
Rithm Property Trust (NYSE:RPT) disclosed the tax characterization of its 2025 distributions. Common stock taxable dividends totaled approximately $1.32847 per share for 2025, paid as four quarterly cash distributions of $0.36000 each. Series C preferred taxable dividends totaled approximately $1.72813 per share in 2025 across three cash payments.
The tables show breakdowns by quarter into ordinary dividend, Section 199A, long-term capital gain, and return of capital components. Investors should consult tax advisors for individual tax treatment.
Banc of California, Inc. (NYSE: BANC) will redeem its outstanding 7.00% Non-Cumulative Perpetual Preferred Stock, Series E, on March 15, 2022, at a price of $1,000 per share. Concurrently, the Board declared a quarterly cash dividend of $0.06 per share on common stock and $0.4375 per Series E Depositary Share, payable on April 1, 2022, and March 15, 2022, respectively. The Series E Depositary Shares will be delisted following the redemption. Banc of California holds $9.4 billion in assets as of December 31, 2021.
U.S. Bancorp announced the redemption of all outstanding Series F Non-Cumulative Perpetual Preferred Stock on January 15, 2022. The Series F Preferred Stock will be redeemed at a price of $25,000 per share, with the redemption price excluding any quarterly dividends that may be declared. Dividends will stop accruing on the redemption date, and the Series F Depositary Shares will be delisted from the NYSE. The redemption will be managed by U.S. Bank National Association, the designated agent.