NOTE that these are just the available $20 and $25 issue preferred stocks from utility companies.  Many utilities issued (and continue to issue) $100/share preferreds (You can find information on these at www.preferred-stock.com).  We do not follow these as they seldom trade and when they do the spreads on the bid and ask are wide.

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 and risk profile.

How do You Buy Preferred Stocks?

You buy Preferreds just like you would any stock.  Put in an order in your brokerage account and wait.  The prime difference with preferred stocks is most trade very ‘thin’ (little volume) so you should always use ‘limit’ orders or you may pay way more than is necessary for your shares.

 

FOR A QUICK SCAN ON ISSUES FALLING MORE THAN $1.00/SHARE JUST LOOK FOR BLUE IN THE ‘CHANGE’ COLUMN