Securities For Income Investors Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Securities For Income Investors

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brinks who started this subject	11/30/2002 2:58:33 AM
From: Grommit	Read Replies (1) of 25

A few preferred stocks which are especially worth looking at -- unless I missed something -- The FR-D and FR-E are callable 2/4/03 and 3/18/03 and are selling below par. If they get called at $25, that's a fine yield. Until then, they pay 8%. PPS-b looks to be 8.8% yield to redemption. They cut the dividend on the common and the preferred jumped a on that fine news. Priced at $24 now. Redemption 10/28/07. Last time I checked, Moodys was Baa2. But I'm not sure if that was the debt or the preferred. Maa_B could be called in a few weeks. Selling at $24.6 -- a 1.6% discount. I have been concentrating on REIT preferred. They seem to have a higher yield than banks and others. And I get some comfort from the high level of common dividends which shield the preferred. Also REIT's with a low payout ratio offer nice protection. Perhaps a good topic for discussion would be a tutorial/agreement on yield calculations, and other basics. Sure would be nice to have a preferred stock screener... I still haven't gone thru all the preferred lists on-line. A tedious process, one at a time, checking this and checking that. I own 15-20 preferred stocks at present, and I occasionally look for more. Maybe now, I'll sit down and do the work. more later, regards, Grommit

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next