(Bloomberg) -- SoftBank Corp.’s corporate bond-type stock traded on the Tokyo Stock Exchange today at more than the offering price, in the first listing of...
-- SoftBank Corp.’s corporate bond-type stock traded on the Tokyo Stock Exchange today at more than the offering price, in the first listing of its type in Japan.Markets Rally as Powell Says Fed Has ‘Come Far’: Markets Wrap
The class shares were mainly sold to individuals who can receive a stable dividend of 2.5% on the class shares, which are redeemable at the issue price if SoftBank calls them after five years. That compares with an average coupon of 0.6% on five-year yen-denominated corporate bonds sold this year, according to data compiled by Bloomberg.
Individual investors bought ¥110 billion of shares at the offering last month, while institutions including central public agencies and regional lenders purchased ¥10 billion, according to the joint lead managers.Delta lays off some corporate workers to cut costs Weak stocks can sell off through December. So, investors need to focus on the long term and consider accumulating shares of good businesses. The post Tax-Loss Selling: 2 Dividend Stocks That Could Get a Lot Cheaper Before 2024 appeared first on The Motley Fool Canada.Enbridge and another top dividend stock may be worth pursuing for nice and swollen yields. The post 2 Passive-Income Stocks Paying an 8% Yield appeared first on The Motley Fool Canada.
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