Compare Preferred Shares Of Holding Companies

Using these tables you can Compare Preferred Shares Of Holding Companies.  All companies compared here have a power generation operation either in Canada or internationally. List includes all the big ones like (Emera and   TransAlta) as well as smaller ones like ( Atlantic Power and Northland Power).  All types of preferred’s are included (perpetual, fixed, floating) in one table. We present the information in an easy, to view and understand format.  As a result you can pick the right share to purchase or sell. Power generation from renewables like (Solar panels, Hydro Electric, wind power and biomass) is the ultimate goal for most power generating utilities.

Compare Preferred Shares Of Holding Companies Process

Each investor has a unique selection process. Consequently the same metric is viewed differently. That is to say, the weight assigned to the metric differs for each investor, thus resulting in a dissimilar selection.

  1. Some investors, looking for high yield over the next 5 years, will put more emphasis on the “Blended Yield” metric. As a result, the issue with the most dividend over the next 5 years is selected.
  2. More weight should be given to the “Credit Rating” metric, if you are looking for the highest credit worthy issues. That is to say, sacrificing some yield for security, is a good fit for the long term and “buy and hold” investors.
  3. Good value is indicated by the metric “Rate Increase Percent”.  This also highlights the stocks with the most room for capital gains, if rates start going up. A value investor may find this appealing.

Conclusion

We expect each investor, to review the various metrics, and make a determination on the totality of their values. While at the same time expressing their personal investing style. In other words we present you with the information and you make a choice you are comfortable with.

 

Two tables are provided here. Review both, since the information provided contributes to the selection process.

If you need more information on how to use the metrics below, see our how to YouTube video  or our post how to pick the best preferred share of a company.

 

Table To Compare Preferred Shares Of Holding Companies

The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend).
  4. Rate Change Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
  5. Rate Change To Value.
  6. New Spread Change.
  7. New Spread Value.
  8. Short Position. If there is a short position on the preferred this shows the size of the short position
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions. The company Market Cap.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data Oct-18 20:00, Model Metrics Oct-18 20:42
Credit RatingSymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
Pfd2LBAM.PF.D CA1125855678 $25.05$26.25$22.90PERPETUAL @ 4.90%04.89% $1.2240Brookfield_Asset_Management_Inc._4.90%,_Series_37
Pfd2LBAM.PF.C CA1125855918 $25.09$25.95$22.02PERPETUAL @ 4.85%04.83% $1.2120Brookfield_Asset_Management_Inc._4.85%,_Series_36
Pfd2LBAM-N BAM.PR.N CA1125858235 $24.72$25.91$21.77PERPETUAL @ 4.75%04.81% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_18
Pfd2LBAM-M BAM.PR.M CA1125858318 $24.89$25.85$21.34PERPETUAL @ 4.75%04.77% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_17
Pfd2LBAM.PF.I CA1125854507 $25.46$25.97$23.805YR + 3.85% Min_4.8%04.71% $1.2000Brookfield_Asset_Management_Inc._4.80%,_Series_46
Pfd2LBAM.PF.H CA1125854846 $27.75$28.19$23.905YR + 4.17% Min_5%04.50% $1.2500Brookfield_Asset_Management_Inc._5.00%,_Series_44
Pfd2LBAM.PF.J CA1125854275 $25.83$26.50$23.305YR + 3.10% Min_4.75%04.60% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_48
Pfd2LBAM.PF.A CA1125856411 $25.09$25.24$16.695YR + 2.90%05.04% $1.2640Brookfield_Asset_Management_Inc._4.50%,_Series_32
Pfd2LBAM-Z BAM.PR.Z CA1125856668 $24.82$25.09$16.305YR + 2.96%04.72% $1.1720Brookfield_Asset_Management_Inc._4.685%,_Series_30
Pfd2LBAM.PF.B CA1125856254 $24.01$24.01$15.215YR + 2.63%04.62% $1.1093Brookfield_Asset_Management_Inc._4.20%,_Series_34
Pfd2LBAM-T BAM.PR.T CA1125857245 $21.16$21.24$12.715YR + 2.31%04.10% $0.8680Brookfield_Asset_Management_Inc._3.471%,_Series_26
Pfd2LBAM.PF.F CA1125855348 $24.10$24.80$15.685YR + 2.86%04.17% $1.0043Brookfield_Asset_Management_Inc._4.50%,_Series_40
Pfd2LBAM-X BAM.PR.X CA1125856908 $18.32$18.51$10.505YR + 1.80%03.71% $0.6800Brookfield_Asset_Management_Inc._2.727%,_Series_28
Pfd2LBAM.PF.E CA1125855595 $22.27$22.47$14.335YR + 2.55%04.01% $0.8920Brookfield_Asset_Management_Inc.__3.568%__Series_38
Pfd2LBAM-R BAM.PR.R CA1125857401 $20.91$20.96$12.525YR + 2.30%03.87% $0.8093Brookfield_Asset_Management_Inc._3.014%,_Series_24
Pfd2LBAM.PF.G CA1125855181 $23.55$23.90$14.915YR + 2.84%03.45% $0.8120Brookfield_Asset_Management_Inc._4.50%,_Series_42
 
 

Here is a Limited Version of the Premium - Compare Tool.

A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data Oct-18 20:00, Model Metrics Oct-18 20:42
Credit RatingSymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DRate Change percentRate Change to valueNew Spread ChangeNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentP/E RatioMarket Cap In BillionsP/B RatioCommon Stock YieldProjected Common Stock YieldOutstanding FloatName
Pfd2LBAM.PF.D CA1125855678 $25.05$26.25$22.90PERPETUAL @ 4.90%04.89% $1.2240N/A04.89% $1.2240N/Aperpetual-0%4.89%N/AN/A6,937 Cumulative14.5132.8091.8 B2.801.23%0.00%7,830,091Brookfield_Asset_Management_Inc._4.90%,_Series_37
Pfd2LBAM.PF.C CA1125855918 $25.09$25.95$22.02PERPETUAL @ 4.85%04.83% $1.2120N/A04.83% $1.2120N/Aperpetual-0%4.83%N/AN/A11,290 Cumulative14.6932.8091.8 B2.801.23%0.00%7,842,909Brookfield_Asset_Management_Inc._4.85%,_Series_36
Pfd2LBAM-N BAM.PR.N CA1125858235 $24.72$25.91$21.77PERPETUAL @ 4.75%04.81% $1.1880N/A04.81% $1.1880N/Aperpetual001%4.80%N/AN/A24,321 Cumulative14.7532.8091.8 B2.801.23%0.00%7,866,749Brookfield_Asset_Management_Inc._4.75%,_Series_18
Pfd2LBAM-M BAM.PR.M CA1125858318 $24.89$25.85$21.34PERPETUAL @ 4.75%04.77% $1.1880N/A04.77% $1.1880N/Aperpetual000%4.77%N/AN/A23,881 Cumulative14.8732.8091.8 B2.801.23%0.00%7,840,204Brookfield_Asset_Management_Inc._4.75%,_Series_17


 
 

Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 6 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 0.025%
  • Scenario 2: 5YR GOC Rate is set at 0.75%
  • Scenario 3: 5YR GOC Rate is set at 1.25%
  • Scenario 4: 5YR GOC Rate is set at 1.75%
  • Scenario 5: 5YR GOC Rate is set at 2.25%
  • Scenario 6: 5YR GOC Rate is set at 2.75%

Note: Only the first 3 "What if scenarios" of the total 6 are available on the Free Site. All 6 scenarios can be viewed in the premium site


For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Oct-18 20:00, Model Metrics Oct-18 20:42
Credit RatingSymbolReset Date Y/M/DCurrent (Yield Dividend)
5Yr @ 0.025%. Reset (Yield Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.025%.
5Yr @ 0.025%. Blended (Yield Dividend)5Yr @ 0.025%. Rate Change (percent | to value )
5Yr @ 0.75%. Reset (Yield Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.75%.
5Yr @ 0.75%. Blended (Yield Dividend)5Yr @ 0.75%. Rate Change (percent | to value )
5Yr @ 1.25%. Reset (Yield Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.25%.
5Yr @ 1.25%. Blended (Yield Dividend)5Yr @ 1.25%. Rate Change (percent | to value )
Pfd2LBAM.PF.I CA1125854507 2022MAR3104.71% $1.20004.71% $1.2 04.71% $1.2 -1% 4.71%4.71% $1.2 04.71% $1.2 -1% 4.71%5.01% $1.2805.01% $1.27-1% 5.01%
Pfd2LBAM.PF.H CA1125854846 2025DEC3104.50% $1.25004.50% $1.2504.50% $1.25-10% 4.50%4.50% $1.2504.50% $1.25-10% 4.50%4.88% $1.3604.58% $1.27-9% 4.88%
Pfd2LBAM.PF.J CA1125854275 2022DEC3104.60% $1.18804.60% $1.1904.60% $1.18-3% 4.60%4.60% $1.1904.60% $1.18-3% 4.60%4.60% $1.1904.60% $1.18-3% 4.60%
Pfd2LBAM.PF.A CA1125856411 2023SEP3005.04% $1.26402.91% $0.7303.65% $0.91-0% 2.91%3.64% $0.9104.12% $1.03-0% 3.64%4.14% $1.0404.45% $1.11-0% 4.14%
Pfd2LBAM-Z BAM.PR.Z CA1125856668 2022DEC3104.72% $1.17203.01% $0.7403.34% $0.83000% 3.01%3.74% $0.9203.93% $0.97000% 3.74%4.24% $1.0504.32% $1.07000% 4.24%
Pfd2LBAM.PF.B CA1125856254 2024MAR3104.62% $1.10932.76% $0.6603.60% $0.86003% 2.76%3.52% $0.8404.01% $0.96004% 3.52%4.04% $0.9704.30% $1.03004% 4.04%
Pfd2LBAM-T BAM.PR.T CA1125857245 2022MAR3104.10% $0.86802.76% $0.5802.82% $0.59017% 2.76%3.62% $0.7603.63% $0.77018% 3.62%4.21% $0.8904.20% $0.88018% 4.21%
Pfd2LBAM.PF.F CA1125855348 2024SEP3004.17% $1.00432.99% $0.7203.63% $0.87003% 2.99%3.74% $0.9003.97% $0.95003% 3.74%4.26% $1.0304.21% $1.01003% 4.26%
Pfd2LBAM-X BAM.PR.X CA1125856908 2022JUN3003.71% $0.68002.49% $0.4502.61% $0.47036% 2.49%3.48% $0.6303.50% $0.64036% 3.48%4.16% $0.7604.11% $0.75036% 4.16%
Pfd2LBAM.PF.E CA1125855595 2025MAR3104.01% $0.89202.89% $0.6403.61% $0.80012% 2.89%3.70% $0.8203.90% $0.86012% 3.70%4.27% $0.9504.09% $0.91012% 4.27%
Pfd2LBAM-R BAM.PR.R CA1125857401 2026JUN3003.87% $0.80932.78% $0.5803.76% $0.78019% 2.78%3.65% $0.7603.84% $0.80019% 3.65%4.24% $0.8803.90% $0.81019% 4.24%
Pfd2LBAM.PF.G CA1125855181 2025JUN3003.45% $0.81203.04% $0.7103.32% $0.78005% 3.04%3.81% $0.8903.55% $0.83006% 3.81%4.34% $1.0203.71% $0.87006% 4.34%