2024-04-19 15:40:11 ET
Summary
- Rose's Income Garden owns 85 stocks in 11 sectors with a yield of 6.4%, including 11 preferred shares in the financial sector.
- Preferred shares have unique attributes that make them distinct from common stock and bonds.
- Rose recommends considering preferred shares for regular high yield income, with caution regarding call dates and the financial health of the parent company.
- All 11 preferred shares are reviewed, and a Rose recommendation made for purchase.
Rose's Income Garden "RIG" owns 85 stocks in all 11 generally known sectors. It owns 11 preferred shares that are now mixed in with the common shares under the financial sector.
Below is a chart showing the current 11 sector designations in bold and the number of companies (#Co) owned in each. The last sector, financial, is where I am experiencing difficulties as it now holds 30 companies if I let it hold the preferred, etc. I show 15 financials without the preferred and the 11 preferred in the new sector designation I am wanting....
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For further details see:
Rose's Income Garden Portfolio With 6.4% Yield: Preferred Stock Review