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Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?

To: kgr1137 who wrote (52057)	11/11/2025 10:22:22 AM
From: Elroy	Read Replies (1) \| Respond to of 52115

8.75% qualified yield, paid monthly, is already attractive to many in a declining interest environment. I agree, but this seems like a small cap fairly risky company. Without a deep understanding of their business I'd say they probably will succeed in paying the 2x dividend over the coming 14 months, but you can't count on it (maybe business goes South next summer, who knows?). Given that it's sort of risky, is there any range that a riskier than average 8.75% preferred trades in? I know it's impossible to say without an in depth knowledge of the business, but I just wonder. For example I'm fairly certain NGL is going to stay current with their 11.4% preferred, at they trade at $23.80. I don't know why so low, but it's that low. Might then a 8.75% preferred which is probably more risky than NGL trade below $23.80? I don't follow preferreds enough to know their trading ranges. Seems to me NGL 11.4% preferreds should trade above $25, but.....they don't!