Wednesday, June 1, 2016

New Preferred Stock IPO’s, May 2016

May was a solid month for new preferred stocks, with ten new issues being introduced with an average current yield of 6.1 percent for the consideration of preferred stock investors. Those investing in U.S.-traded preferred stocks since the beginning of 2016 are currently on pace for a total annualized return of almost 17 percent. There are now 899 of these securities trading on U.S. stock exchanges...

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