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Blue Line Protection Group (Blue Line Protection Group) Preferred Stock : $0.02 Mil (As of Mar. 2024)


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What is Blue Line Protection Group Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Blue Line Protection Group's preferred stock for the quarter that ended in Mar. 2024 was $0.02 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Blue Line Protection Group's Enterprise Value for the quarter that ended in Mar. 2024 was $1.51 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Blue Line Protection Group's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.15.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Blue Line Protection Group's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.01.


Blue Line Protection Group Preferred Stock Historical Data

The historical data trend for Blue Line Protection Group's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blue Line Protection Group Preferred Stock Chart

Blue Line Protection Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Blue Line Protection Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Blue Line Protection Group Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Blue Line Protection Group  (OTCPK:BLPG) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Blue Line Protection Group's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Blue Line Protection Group's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Blue Line Protection Group's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blue Line Protection Group Preferred Stock Related Terms

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Blue Line Protection Group (Blue Line Protection Group) Business Description

Traded in Other Exchanges
N/A
Address
5765 Logan Street, Denver, CO, USA, 80216
Blue Line Protection Group Inc is engaged in providing armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry. The services are offered to individuals, businesses, and government entities to protect their licenses and business investments. It offers asset logistic services, such as armored transportation service; security services, including shipment protection, money escorts, security monitoring, asset vaulting, VIP and dignitary protection, financial services, such as handling transportation and storage of currency; training; and compliance services. It generates maximum revenue from transportation and banking services.
Executives
Patrick Deparini officer: Chief Financial Officer 5440 W. SAHARA AVE., SUITE 202, LAS VEGAS NV 89146
Ricky Gene Bennett officer: Vice President of Operations 1350 INDEPENDENCE ST., SUITE 300, LAKEWOOD CO 80125
Daniel Scott Sullivan director, officer: Vice President of Marketing 9457 S. UNIVERSITY BLVD., #272, HIGHLANDS RANCH CO 80126
Sean-robbie Gibson Campbell director, officer: Chief Executive Officer 1350 INDEPENDENCE ST., 3RD FLOOR, LAKEWOOD CO 80215
David Uddman director, 10 percent owner, officer: President 3717 W. WOODSIDE, SPOKANE WA 99208

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