That market is punishing equity REITs and their preferred shares. This one is currently a buy, but the preferred shares are a strong buy. All three preferred shares are trading at a huge discount to the call value of $25. The preferred shares from these are a good fit for investors willing to take on more risk.
The market has punished preferred shares from PREIT (PEI). PREIT isn’t as strong as Simon Property Group (SPG), but they do have some great properties. I believe PEI is currently in the buy range. PEI-B, PEI-C, and PEI-D are all in the strong-buy range. The preferred shares are trading at a significant discount to the call value of $25. They also carry less risk than the common stock.PEI-B doesn’t have call protection on the calendar, but it has a healthy discount to call value.
Source: Seeking Alpha
Related Articles:
- The Perfect Dividend Stock
- Charlie Munger's 10 Rules for Investment Success
- Early Warning Signs of 5 Dividend Cut
- The Best Dividend Stocks In The World
- Never Fall In Love With A Stock
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
How do you assess risk? Different investors have different approaches, and when a Black Swan event topples the market, risk assessment becom...
-
Today, we’ll look at three high-yield dividend stocks that have earned a ‘perfect 10’ from the Smart Score. For investors seeking a clear fo...
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
With the price of oil rebounding, I wanted to find five cheap energy stocks that have solid dividend yields. In other words, the dividends a...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
“Research shows that dividend cuts are associated with significant share price declines on announcement,” Cornell University Professor of Fi...
-
Dividend investing is a great way for investors to earn reliable income. Dividend stocks tend to have stable, cash-generating business model...
-
We’ve pulled up the details on some of Oppenheimer's recommendations. These are stocks with a specific set of clear attributes, that fre...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.