Friday, June 2, 2017

New Preferred Stock IPO’s, May 2017

Preferred stock investors have ignored the last two interest rate hikes from the Federal Reserve. Despite two rate hikes over the last six months, preferred stock buyers have pushed the average price of these securities up by $1.10 per share so far this year, a 10.7 percent annualized value gain for preferred stock investors. Those investing in U.S.-traded preferred stocks since the beginning of 2017 are currently on pace for a total annualized return of 17.2 percent...

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