Even in today's very tight preferred stock market, there are currently 66 preferred stocks with an investment grade rating trading on U.S. stock exchanges for a market price below their $25 per share par value. While not as many as usual, 66 investment grade preferred stocks selling for less than $25 is still a lot to pick from and they are offering one of the strongest returns available, an average annual dividend yield of 6.56%.
Rating and market price are usually at the top of the list of considerations for most preferred stock investors, at least as an initial screen. The sweet spot, of course, is an investment grade rating (as opposed to speculative grade) available for a market price that is below par ($25 is the most common and is used here).
This Preferred Stock Market SnapshotTM chart reveals how the U.S. market for preferred stocks is currently treating the trade-off between risk (as reflected by the Moody's rating) and market price...
Note To Readers: This article was chosen to appear on the popular investing website 'Seeking Alpha'.
By clicking here a new window/tab will open on your screen to this article as it appears at SeekingAlpha.com.
Receive my Seeking Alpha articles by email: When viewing one of my articles at Seeking Alpha, click on the "Follow" button under my picture. You will be notified by email when I post a new article to Seeking Alpha.
Please enjoy reading this article at Seeking Alpha.
Many Happy Returns.
Rating and market price are usually at the top of the list of considerations for most preferred stock investors, at least as an initial screen. The sweet spot, of course, is an investment grade rating (as opposed to speculative grade) available for a market price that is below par ($25 is the most common and is used here).
This Preferred Stock Market SnapshotTM chart reveals how the U.S. market for preferred stocks is currently treating the trade-off between risk (as reflected by the Moody's rating) and market price...
Note To Readers: This article was chosen to appear on the popular investing website 'Seeking Alpha'.
By clicking here a new window/tab will open on your screen to this article as it appears at SeekingAlpha.com.
Receive my Seeking Alpha articles by email: When viewing one of my articles at Seeking Alpha, click on the "Follow" button under my picture. You will be notified by email when I post a new article to Seeking Alpha.
Please enjoy reading this article at Seeking Alpha.
Many Happy Returns.
