Wednesday, November 2, 2016

New Preferred Stock IPO's, October 2016

Market prices for U.S.-traded preferred stocks are finally coming down, with October delivering the best prices that preferred stock buyers have seen since last February. There were eight new preferred stocks introduced during October 2016, offering an average current yield of 6.4 percent. Those investing in U.S.-traded preferred stocks since the beginning of 2016 are currently on pace for a total annualized return of 12.5 percent...

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