Facebook
Google+
http://www.preferredstockmarket.com/preferred-stocks/?id=76169B201&title=Rexnord+Corp+5.75%25++Cumulative++Convertible++Series+A+%28RXNpA%29
Twitter
LinkedIn

Rexnord Corp 5.75% Cumulative Convertible Preferred Stock Series A (RXNpA)

Type: Cumulative CONVERTIBLE
Is Perpetual: No.
Maturity Date: 11/15/2019
Is Convertible into common: Yes – see below
Exchange: NYSE; Currency: USD;
Industry: Machinery

Conversion Terms

Convertible Until: 11/15/2019
Convertible by: The investor
Conversion Price: 25.1876
Contingent on price of stock being greater than conversion price: No
Initial Premium: 20%
Convertible into: RXN
Conversion Ratio: 1.9851

Dividend and Yield Info

Coupon: 5.75%
Dividend Type: Regular Cash
Dividend: USD 0.7188. Dividend Frequency: Quarter
Ex Dividend: 1/30/2017. Dividend Pay Date: 2/15/2017

Issuance Info

Issued on: 12/1/2016
Par Value: USD 50
Shares Outstanding: 8,050,000
Ratings –

About Rexnord Corp

Legal Name: Rexnord Corp
Country: UNITED STATES
Private Company: No
Website: www.rexnord.com
Sector: Machinery
Market Cap: 2B
P/E Ratio: 25
Address: 247 Freshwater Way Suite 300
                  MILWAUKEE, WI 53214-5310
                  UNITED STATES

Related Preferred Stocks:

None Found

Company News

stockdio: RXN%5EA
exchange: NYSENasdaq
request:
translatesymbol1: RXN A
translatesymbol2: RXNpA