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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Thehammer who wrote (31024)	4/4/2019 5:19:11 PM
From: JimisJim	1 Recommendation Recommended By Thehammer Read Replies (2) \| Respond to of 34328

Agreed... I think that's why I failed to include that bit about TD drip program -- I've never even been tempted to drip the one and only preferred I own, LTS/A... which, btw, has been a steady eddy income stream at 8% ± 1% as it has swung above par and below my ave. cost: $23.85... it was callable 2-3 years ago, I think... one of the ideas I stole from our host here, Steve Felix, and just forgot about ever since.... let me look... yes, it closed at 24.99 today and I bought 5 years ago.

To: Thehammer who wrote (31024)	4/9/2019 8:14:11 PM
From: Graustus	Read Replies (3) \| Respond to of 34328

“if they hold long term, they are guaranteed a loss.” But if you buy a preferred at $26.50, and it distributes $2.00 annually, you will be even after 3 quarters, and ahead after 4 quarters/an entire year. Isn’t this correct? (Round numbers for easy math) Even is it is called at $25. If buy 1,000 shares at $26.50 = $26,500 cost If collect 4 quarterly dividends= $2,000 Called after collected 4 dividends, at $25= $25,000 Not wanting to start an argument, just asking if my thinking is correct :)