Preferred stock investors finally realized long-awaited price relief during January, with the average market price of U.S. preferred stocks dropping $0.72 to $25.13 per share. Income investors are now being treated to higher paying preferred stocks for lower prices. January’s nine new preferred stocks are offering an average dividend (coupon) of 7.2 percent. Here are the nine new issues introduced during January for the consideration of preferred stock investors...
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