DBRG - 2 Bargain Preferred Stocks With Up To 9% Yields
2024-03-29 08:30:00 ET
Summary
- Preferred stocks offer essential stability and income reliability in retirement.
- Perpetual preferreds from well-managed issuers are an excellent source of “forever” income.
- Keep reading to discover how the income safety from these two preferreds just got a boost.
Co-authored with "Hidden Opportunities."
Within the financial markets, preferred shares have a rich history dating back to the 19th century when railway companies first introduced them. They offered investors a special perk: priority in receiving dividends over common shareholders. By the 1970s and 1980s, preferred shares became crucial for funding U.S. utilities' construction projects. In the early 1990s, U.S. banks turned to them to rebuild capital after the Savings and Loan crisis....
2 Bargain Preferred Stocks With Up To 9% Yields