Wednesday, July 1, 2015

Preferred Stock Market Q2 2015: Investment Grade Preferred Stocks Available Below $25

Posted by Doug K. Le Du, Author of Preferred Stock Investing at 2:11 PM
It’s time for preferred stock buyers to start paying attention. In anticipation of a September 2015 Fed interest rate hike, the average market price of preferred stock shares fell to $25.03 at the end of June, a drop of $0.62 per share over the last three months. With lower prices come more sub-$25 candidates paying higher returns – the hallmark of a classic buyer’s market...

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