Monthly Income Preferred Securities - MIPS - Shares that are an interest in a limited partnership existing solely for the purpose of issuing preferred securities and lending the proceeds of the sales to its parent company. They usually have a $25 par value, NYSE listing, and cumulative monthly distributions.
Monthly Income Preferred Securities - MIPS : shares that are an interest in a limited partnership existing solely for the purpose of issuing preferred securities and lending the proceeds of the sales to its parent company. they usually have a $25 par value, nyse listing, and cumulative monthly distributions.