Co-produced with Beyond Saving
Preferred shares have been one of our focuses for 2019 at High Dividend Opportunities. We started the year with the goal to find preferred equity opportunities that yielded in excess of 7% and we have had a lot of success.
One of our "home runs" was Compass Diversified Holdings LLC (CODI). Back in January, we recommended investors choose Compass Diversified Holdings, 7.25% Series A Non-Cumulative Preferred Shares (CODI.PA). At the time, CODI-A was trading at the bargain price of $19.10. Today, the shares are trading at $24.75,