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H.B. Fuller Co (H.B. Fuller Co) Preferred Stock : $0 Mil (As of Feb. 2024)


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What is H.B. Fuller Co Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. H.B. Fuller Co's preferred stock for the quarter that ended in Feb. 2024 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. H.B. Fuller Co's Enterprise Value for the quarter that ended in Feb. 2024 was $5,996 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. H.B. Fuller Co's Book Value per Share for the quarter that ended in Feb. 2024 was $32.47.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). H.B. Fuller Co's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was $0.55.


H.B. Fuller Co Preferred Stock Historical Data

The historical data trend for H.B. Fuller Co'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.

H.B. Fuller Co Preferred Stock Chart

H.B. Fuller Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Preferred Stock
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H.B. Fuller Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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H.B. Fuller Co 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.


H.B. Fuller Co  (NYSE:FUL) 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.

H.B. Fuller Co's Enterprise Value for the quarter that ended in Feb. 2024 is calculated as

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

H.B. Fuller Co's Book Value per Share for the quarter that ended in Feb. 2024 is calculated as

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

H.B. Fuller Co's Earnings per Share (Diluted) (EPS) for the three months ended in Feb. 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.


H.B. Fuller Co Preferred Stock Related Terms

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H.B. Fuller Co (H.B. Fuller Co) Business Description

Traded in Other Exchanges
Address
1200 Willow Lake Boulevard, P.O. Box 64683, Saint Paul, MN, USA, 55110-5101
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three business units: constructions, engineering, and hygiene, health and consumable adhesives. It generates the most revenue from hygiene, health and consumable adhesives. This business manufactures and supplies adhesives products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, flexible packaging, graphic arts, and envelope markets. The company generates around half of its revenue in the United States, with the remainder spread across 35 countries. The company has put an emphasis on environmentally friendly products, aligning with a trend of environmental, social, and governance investing.
Executives
Gregory O. Ogunsanya officer: Sr. VP, GC and Corp Secretary 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Traci L Jensen officer: VP, Americas Adhesives 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Robert J Martsching officer: VP, Corporate Controller 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Timothy J Keenan officer: Gen'l Counsel, Corp Secretary 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Heather Campe officer: VP, Asia Pacific 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110
Charles T Lauber director A. O. SMITH CORPORATION, 500 TENNESSEE WALTZ PARKWAY, ASHLAND CITY TN 37015
James J. East officer: Senior Vice President, HHC 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
James Owens officer: Senior VP, North America 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Zhiwei Cai officer: Sr.VP. Engineering Adhesives 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Nathan D. Weaver officer: VP, Human Resources 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Srilata Zaheer director 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Celeste Beeks Mastin officer: Executive VP and COO 21 ERIE STREET, CAMBRIDGE MA 02139
Michael J Happe director P.O. BOX 152, FOREST CITY IA 50436
Rasmussen Trangsrud Teresa J director 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441

H.B. Fuller Co (H.B. Fuller Co) Headlines

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H.B. Fuller Joins RecyClass

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