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home / news releases / VER - The Retiree's Dividend Portfolio - John's June Update: Achieving A Higher Yield With Preferred ETFs


VER - The Retiree's Dividend Portfolio - John's June Update: Achieving A Higher Yield With Preferred ETFs

In June we sold out Kimco Preferred Series L (KIM.PL), and we took advantage of the rise in prices to sell out of Southern California Edison Preferred Series D (SCE.PD). SCE.PD has been in the portfolio since the end of 2017 and has produced roughly 2.5 years of dividends for the portfolio. Although SCE.PD has never failed to miss a dividend payment, the yield has always been subpar when compared to other high-quality preferred stocks.

Source: Charles Schwab

Based on the chart above, it is easy to see that we entered

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Stock Information

Company Name: VEREIT Inc.
Stock Symbol: VER
Market: NYSE
Website: vereit.com

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