PBB - By Far The 2 Highest-Yield Preferred Stocks With S&P Ratings Of BB+: Enstar Group

Co-produced with Preferred Stock Trader

Enstar Group Limited

Enstar Group Limited (ESGR) is a property/casualty insurance company that has operated as a public company since 1997. Its unsecured bonds carry an investment-grade rating of BBB. Like many property/casualty insurance companies, ESGR is based in Bermuda for tax reasons. We are not going to take a deep dive into the company as this article is only focused on how their preferred stocks compare to those of other similarly-rated preferred stocks, but here's the description of ESGR from Yahoo Finance.

Enstar Group Limited