Preferred Stocks
Many of the financial preferreds are selling at a nice discount to their call price, examples - DTT, DTK, GS .PR.B , BCS.PR.C, MSK, AEF. I buy mainly investment grade pref'ds that are eligible for the 15 percent tax rate. Yields currently ranging from 7 to 9 percent. If they get called you receive the 25.00 price and pay no commission. An excellent site to do some research on preferreds is "Quantum Online" It's free and also has info on other income securities
|
Look at Goodyear's preferred. It is in a pretty tight range right now and it will pay around 9% (7.25% at current price) at the lower part of the range of about $35. The ticker is GT.PA on bigcharts and GT-PA on yahoo.
|
Thanks baychamp for sharing the valuable information. I have visited the site “Quantum online”. It is really informative from all aspects and provides a brief idea about stock markets. It is free of cost and provides full assistance for income securities.
---------------------------------------------- prefered stock |
| All times are GMT -5. The time now is 08:00 AM. |
Powered by vBulletin®
Copyright ©2000 - [ARG:3 UNDEFINED], Jelsoft Enterprises Ltd.
vB.Sponsors
All content, images, designs, and logos are Copyright © 2009-2012,
Salty Cajun, LLC
No unathorized use is permitted