Monday, February 4, 2019

New Preferred Stock IPOs, January 2019

Preferred stock prices ticked back up throughout January, but are still just below these securities' $25 par value offering an opportunity for buyers.

January’s four new preferred stocks are offering an average annual dividend (coupon) of 7.0 percent, an average current yield (which does not consider reinvested dividends or capital gain/loss) of 6.8 percent and an average Yield-To-Call (which does consider reinvested dividends and capital gain/loss) of...

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