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Bemis Co (Bemis Co) Preferred Stock : $0 Mil (As of Mar. 2019)


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What is Bemis Co Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Bemis Co's preferred stock for the quarter that ended in Mar. 2019 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. Bemis Co's Enterprise Value for the quarter that ended in Mar. 2019 was $6,411 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Bemis Co's Book Value per Share for the quarter that ended in Mar. 2019 was $13.69.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Bemis Co's Earnings per Share (Diluted) for the three months ended in Mar. 2019 was $0.66.


Bemis Co Preferred Stock Historical Data

The historical data trend for Bemis 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.

Bemis Co Preferred Stock Chart

Bemis Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Preferred Stock
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Bemis Co Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Bemis 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.


Bemis Co  (NYSE:BMS) 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.

Bemis Co's Enterprise Value for the quarter that ended in Mar. 2019 is calculated as

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

Bemis Co's Book Value per Share for the quarter that ended in Mar. 2019 is calculated as

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

Bemis Co's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2019 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.


Bemis Co Preferred Stock Related Terms

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Bemis Co (Bemis Co) Business Description

Traded in Other Exchanges
N/A
Address
2301 Industrial Drive, Neenah, WI, USA, 54957-0669
Bemis manufactures flexible packaging, primarily for the food industry, but also for the medical and consumer product industries. In coming years, we expect the company to look to make bolt-on acquisitions and invest in higher-end packaging technologies.
Executives
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
William E Jackson officer: Senior Vice President ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Adele M. Gulfo director ONE NEENAH CENTER, 4TH FLOOR, P.O. BOX 669, NEENAH WI 54957
William F. Austen director, officer: President & CEO 222 SOUTH 9TH STREET, SUITE 2300, MINNEAPOLIS MN 55402-4099
Robert H Yanker director 3505 RIVERLY ROAD, ATLANTA GA 30327
Michael B Clauer officer: Senior Vice President
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Philip G Weaver director COOPER TIRE & RUBBER CO, 701 LIMA AVE, FINDLAY OH 45840
Arun Nayar director 9 MARSHAL LANE, WESTON CT 06883
Louis Fred Stephan officer: President Bemis North America 2301 INDUSTRIAL DRIVE, NEENAH WI 54956
David T Szczupak director WHIRLPOOL CORPORATION, 2000 M63N, BENTON HARBOR MI 49022
Sheri H. Edison officer: Chief Legal Officer 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Timothy Manganello director, other: Chairman of the Board 3850 HAMLIN RD., AUBURN HILLS MI 48326
David S Haffner director
Guillermo Novo director AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195