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Following the offering, the Company intends to file an application to list the Series C Preferred Stock on the New York Stock Exchange.

On the surface, preferred stock is pretty cool. The shares tend to command higher yields than common stocks. They are readily available to trade on stock exchanges alongside traditional stocks.

Learn how to buy preferred stock with our comprehensive guide, covering key considerations, benefits, and tips for making informed investment decisions.

Learn about the best preferred stock ETFs for this year, based on expenses, liquidity, dividend yield and more.