|Monthly Dividend Paying
Preferred shares are shares issued by a corporation as part of its capital structure.
Preferred shares normally carry no voting rights (unlike common shares). Dividends are either cumulative or
non-cumulative. Cumulative means that dividends continue to accrue if they have been suspended, but they are
not paid until the company decides to pay them after suspension. Non Cumulative means they do not continue to
accrue (they are gone forever). In either case if the dividends are suspended the company is likely in deep financial
Preferred shares are senior to common stock, but junior to all bonds.
Dividends are paid monthly on the issues listed here.
These issues are $10 and $25 issues and are generally callable at those prices (plus accrued dividends) The
earliest call dates are given below. The issues generally have no maturity date.
Note that the issuer generally has the right to defer dividend payments on most of these issues. This happens only
when the company (issuer) is in severe financial distress.
|The Yield Hunter
Let's Make some money and sleep well at night
In our 7th Year
A link on the security description will take you to a security summary and other links
NOTE--Newer issues may not be trading (usually they trade within 30 days of closing) and the price shows
Prices shown may be delayed by 20 minutes