If you are a seller, you should check your brokerage account. With demand so high for U.S.-traded preferred stocks, prices are higher than we have seen in several years. Selling your shares will deliver a nice capital gain (which is generally taxed at a lower rate than regular income). For many, selling your preferred stock shares in this high-priced market is a lot like collecting your future dividend income now, all at once. Buyers and those seeking to reduce their risk continued to push up the prices of previously issued higher payers. As the month came to a close, the average market price for all U.S.-traded preferred stocks was ...
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