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Non-Tech : Income Investing
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To: Charles M who wrote (52067)11/13/2025 12:35:27 PM
From: FL_Guy  Read Replies (2) of 52113
 
Fortunately EICB was a simple replacement with EICC, at least for the time being.... but if you are looking for a buy and forget type of issue.... WFC-L, a busted convertible, now a perpetual. It's a $1,000/sh issue. Coupon is 7.5% and current yield as a result is a skinny 6%, but no worries on a call or redemption. And price may fluctuate but dividend is set and I don't consider this a credit risk.
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