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home / news releases / BPY - 2 Defensive Preferred Shares We Can't Pass Up - Yield Up To 7.3%


BPY - 2 Defensive Preferred Shares We Can't Pass Up - Yield Up To 7.3%

Co-produced with Beyond Saving and PendragonY for High Dividend Opportunities

Introduction

Today, we are highlighting two defensive preferred stocks that income investors should consider buying and holding for the very long term. These preferred stocks are issued by companies that are recession-resilient and can be held to receive a safe income even if the economy turns south. The two preferred stocks are:

  1. Brookfield Property Partners L.P. 6.50% Class A Cumulative Redeemable Perpetual Preferred Units (BPYPP) - Stripped Yield 6.5%
  2. CorEnergy Infrastructure Trust, 7.375% Dep Shares Ser A Cumul Red Preferred Stk (CORR.PA

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Stock Information

Company Name: Brookfield Property Partners L.P.
Stock Symbol: BPY
Market: NASDAQ
Website: bpy.brookfield.com

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