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@syndiseok Yes. /@ignissus has a write-up in 2021 about it too: “Step-up rate” Most preferred shares will include a step-up rate, where the dividend paid will increase on a given date (like the 4th anniversary of the IPO) if the preferred shares have not been redeemed by that time. An example...

@taigagirl I got mine, AAA broker ko. If di mo pa din nakukuha next week, call them na.

@justmyself ordered ACENB. IIRC ACENA may rate step-up after 5 years, while ACENB is fixed. Edit: changed term

@lilbithmb Should have bought during the offer phase. Me jelly to those who sold at 1.50 :/