There are two series of preferred stocks that went from solidly attractive to exceptionally attractive. Each sells at a much cheaper price than they have traded over the last few months. Both come from large mortgage REITs with strong coverage ratios of common equity to preferred equity. When this article goes public, execution may become more difficult. Never use a market order on preferred shares.
I calculate the stripped yield each week, which adjusts for the impact of dividend accrual. Over the last weekend, preferred share prices on average had moved to more attractive levels. With higher interest rates in the economy, yield sensitive instruments tend to decline a bit. However, the current decline is not even remotely efficient. Two Major Bargains: The biggest two bargains right now are shares of AGNCP and shares of NLY-D. When I covered NLY-E, the piece brought in high page views and NLY-E corrected to remove the persistent discount it was holding relative to the other shares.
Source: Seeking Alpha
Related Articles:
- 7 Dividend Stocks Delivering The Secret To Success
- 5 Low-Risk, High-Yielding Dividend Stocks
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
7.6% Or 7.9%? These Yields Only Exist Because The Liquidity Failed
Posted by D4L | Sunday, October 30, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.