SI
SI
discoversearch

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (33264)1/12/2009 1:38:06 PM
From: Grommit  Read Replies (2) | Respond to of 78742
 
preferred shares

>Now the question is: is it still worth buying preferreds? And if so, what would be your list to buy?

well, 1/3 of my portfolio is pref shares and it gives me a pretty safe income level. so as far as your question of if they are still worth buying, i would not frame the ? in terms of expected future gains. a more direct question and easier to answer question is: "do you want a portfolio of 13% to 16% yielding stocks?"

I think that CLP is the safest -- 80% residential.
AHT is a gamble, I have a small wager. CLP, HRP, AHT, FR, BDN all lowered their common dividends recently, so the pref divs are even safer because of it.

Some of these have other pref avail, but the yields are usually similar. All but DRE have declared the pref divs for the coming qtr.

FR-K 16.3%
BDN-D 13.3%
CLP-D 13.1%
DRE-N 14.0%
AHT-D 29.8%
HRP-C 14.0%

finance.yahoo.com

Added some HOS with y'all.