This Investment Trust has two preferred shares. One is significantly better than the other at current prices. Investors should be looking to preferred shares for less volatility, higher yields, and relatively less risk. However, these preferred shares do carry material risk and are better suited for trading.
PennyMac Mortgage Investment Trust (PMT) has two preferred shares we will be looking at today: (PMT.PA) and (PMT.PB). When looking at preferred shares, it's important to understand the underlying company. The major reason for this is investors should know how risky their investment is. In the case of PMT preferred shares, I view them as relatively risky. PennyMac is more complicated than most mortgage REITs. The company is trading at a material discount to book value compared to peers across the sector. Even with their rally in 2018, the company is still well below average.
Source: Seeking Alpha
Related Articles:
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
- 10 Stocks That Have Paid Uninterrupted Dividends Since 1895
- Who is David Dodd and Why Should We Listen to Him
- International Securities For A Diversified Income Portfolio
This 8% Yield Materially Better Than The Other 8% Yielding Preferred Share
Posted by D4L | Wednesday, June 06, 2018 | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.