(Sorted Once a Day)
Sorted By Price - Low (Under Par ($25) to High (Over Par))
Most Preferreds are Redeemable at $25--if Possible it is Wise to Buy Issues at or Under
$25--Especially when at or after the Call Eligible Date
From this page you can start your research on Preferred Stocks. With current prices and yields you should be able to
select a few that appear to meet your yield requirements.
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 generally paid quarterly--although a few pay monthly.
The earliest call dates are given below. The issues generally have no maturity date.
PLEASE NOTE - $100 issues have been REMOVED (as of 1/5/2012). These issues have little to no
liquidity and they hinder our ability to format our lists with important information as the Google
Cloud limits cell formatting.
|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
|YIELD TO CALL ASSUMPTIONS
1st---it is assumed that a security will be called (redeemed) on the first day it is able to be
2ndly - it is assumed that any security past its initial call (redemption) eligible date will be
called the next day.
|S&P Credit Ratings
Investment Grade AAA, AA, A, BBB, BBB-
Speculative Grade BB+, BB, B, CCC, CC, C, D
Detailed Info on S & P Credit Ratings
|Moodys Credit Ratings
Investment Grade Aaa, Aa, A, Baa
Speculative Grade Ba, B, Caa Ca, C
Moodys may add 1, 2 and 3 to any of the above to 'fillet' each rating--1 is the top of the
rating--3 the low end