I am a big fan of preferred stocks. They used to be thought of as a bizarre security, but now preferred stock is a major target for income investors during the historically low bond-yield period we’ve been in for years. If a company goes under, bondholders get the first bite at assets, but then preferred stockholders come next, before common stockholders. I like these three preferred stock issuances, all of which yield more than 6%...
In 2015, Sunstone Hotel Investors Inc. (NYSE:SHO) offered its Series F 6.45% cumulative preferred stock at $25 par value. Bank of America (NYSE:BAC) has a long history of preferred stock issuances. It continued that trend with a massive preferred stock offering of a 6.625% Series I preferred. Goldman Sachs (NYSE:GS) just reported earnings, and even though the numbers weren’t great and its trading business is suffering, it still had operating earnings in the billions.
Source: InvestorPlace
Related Articles:
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
- The Perfect Dividend Stock
- Charlie Munger's 10 Rules for Investment Success
- Early Warning Signs of a Dividend Cut
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Three dividend-paying pharmaceutical investments to purchase amid the COVID-19 crisis avoid focusing solely on the top contenders for develo...
-
You don't need to pay a big price for a large payout. There are plenty of stocks trading in the single digits that continue to pay regul...
-
After a four-month run of steady gains, September brought sudden, sharp, losses across the board. The NASDAQ, which peaked over 12,000 on Se...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
-
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on div...
-
Recently, this stock has outperformed the US Telecom ETF, IYZ, over the past month and quarter, but it still lags IYZ and the S&P over t...
-
Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when ...
-
The current correction has provided a sweet entry point for buying into the 5G and cloud storage markets, where the best-of-breed stocks in ...
-
This stock has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Management was able to inc...
-
Looking for more security in the high yield space? Maybe you should consider preferred shares, particularly cumulative preferreds. This secu...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.