Income Investing 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.

Non-Tech : Income Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

brehm233

KEN2CWL

To: brehm233 who wrote (51989)	9/17/2025 4:38:01 PM
From: Privately	2 Recommendations of 52046

Re: Variable issues with a fixed floor If you looking for floating issues with a fixed divi "floor" from relatively highly rated companies, Metlife's MET-A and Bank of America's BAC-E might be worth a look. Both yield about a 5.8% currently (floating on SOFR) and a 4% minimum divi floor. I quite liked the 4% floor during the ZIRP period. If interest rates keep falling, they will likely rise in price. I have flipped both of these issues for about $10/share a couple of times over the last 10 years (?), so there is capital appreciation opportunity if you can buy them cheap (I sell at about $26). However, it might be a decent value even at current prices if it fits in your strategy. I hold a full position in both. Not a recommendation - I don't recommend anything.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next