Compare Preferred Shares Of The Canadian Insurance Companies

Using these tables you can Compare Preferred Shares Of The Canadian Insurance Companies.  In this set we have included all insurance companies, regardless of insurance type. Life insurance like Sun Life and Manulife. Property and casualty like Co-operators and Intact. Holding companies like  Great-West lifeco and Fairfax.  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.

 

Compare Insurance Preferred Shares Process

Each investor has a unique selection process and looks at the same metric differently.

  1. Some investors looking for high yield over the next 5 years will put more emphasis on the “Blended Yield” metric.
  2. More weight should be given to the “Rating” metric if you are looking for the highest credit worthy issues.
  3. Good value is indicated by metric “Rate increase percent”.  This also highlights the stocks with the most room for capital gains if rates start going up.

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 The Canadian Insurance Companies

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


  1. Reset Date.
  2. Reset (Yield | Dividend). Represents the yield and dividend for the current issue after the upcoming reset. For this calculation it’s assumed the key rates are going to be the same as todays published rates. The reset yield is the sum of the key rate for the base term (5YR, 3Month, etc) plus the published spread. Since we do not know what the key rate will be at the time of the reset we assume its going to be the same as today. The ability to use a different set of rates during this caclulation is planned for a future release.
  3. Blended (Yield | Dividend).
  4. Rate Change Percent.
  5. Rate Change To Value.
  6. New Spread Change. It shows the effect or the current price on the issue spread of the preferred. It shows the percent increase/decrease of the new spread
  7. New Spread Value.
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment. How many years will it take for the initial investment to double.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data 2024-Apr-05 19:07, Model Metrics 2024-Apr-08 20:16
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
Pfd2LPOW-G POW.PR.G CA7392398532 $21.20$22.84$18.61PERPETUAL @ 5.60%06.60% $1.4000Power_Corp_of_Canada_5.60%,_Series_G
Pfd2LPOW-B POW.PR.B CA7392398045 $20.32$22.43$17.99PERPETUAL @ 5.35%06.59% $1.3400Power_Corp_of_Canada_5.35%,_Series_B
Pfd2HGWO-P GWO.PR.P CA39138C7750 $20.55$22.40$18.30PERPETUAL @ 5.40%06.57% $1.3500Great-West_Lifeco_Inc._5.40%,_Series_P
Pfd2CCS-C CCS.PR.C CA1899064077 $19.05$20.98$16.50PERPETUAL @ 5.00%06.56% $1.2500Co-operators_General_Insurance_Co._5.00%,_Series_C
Pfd2HGWO-T GWO.PR.T CA39138C7263 $19.7021.517.66PERPETUAL @ 5.15%06.55% $1.2900Great-West_Lifeco_Inc._5.15%,_Series_T
Pfd2HPWF-L PWF.PR.L CA73927C8299 $19.55$21.04$17.11PERPETUAL @ 5.10%06.55% $1.2800Power_Financial_Corp._5.10%,_Series_L
NRELF-F ELF.PR.F CA26857Q3098 $20.30$21.19$18.30PERPETUAL @ 5.32%06.55% $1.3300E-L_Financial_Corp._5.30%,_Series_1
Pfd2HPWF-R PWF.PR.R CA73927C7531 $21.11$22.40$18.27PERPETUAL @ 5.50%06.54% $1.3800Power_Financial_Corp._5.50%,_Series_R
Pfd2LPOW-A POW.PR.A CA7392398870 $21.39$22.93$18.93PERPETUAL @ 5.60%06.54% $1.4000Power_Corp_of_Canada_5.60%,_Series_A
Pfd2HGWO-Q GWO.PR.Q CA39138C7677 $19.8021.317.6PERPETUAL @ 5.15%06.51% $1.2900Great-West_Lifeco_Inc._5.15%,_Series_Q
Pfd2HPWF-K PWF.PR.K CA73927C8372 $19.03$20.37$16.67PERPETUAL @ 4.95%06.51% $1.2400Power_Financial_Corp._4.95%,_Series_K
Pfd2HPWF-H PWF.PR.H CA73927C8604 $22.15$23.72$19.24PERPETUAL @ 5.75%06.50% $1.4400Power_Financial_Corp._5.75%,_Series_H
Pfd2HGWO-L GWO.PR.L CA39138C8253 $21.73$23.09$19.40PERPETUAL @ 5.65%06.49% $1.4100Great-West_Lifeco_Inc._5.65%,_Series_L
Pfd2HPWF-O PWF.PR.O CA73927C7879 $22.35$23.47$19.35PERPETUAL @ 5.80%06.49% $1.4500Power_Financial_Corp._5.80%,_Series_O
Pfd2IFC-F IFC.PR.F CA45823T8822 $20.49$22.68$18.49PERPETUAL @ 5.30%06.49% $1.3300Intact_Financial_Corp._5.30%,_Series_6
Pfd2HGWO-R GWO.PR.R CA39138C7594 $18.5220.0216.43PERPETUAL @ 4.80%06.48% $1.2000Great-West_Lifeco_Inc._4.80%,_Series_R
Pfd2HPWF-E PWF.PR.E CA73927C8034 $21.30$22.26$18.29PERPETUAL @ 5.50%06.48% $1.3800Power_Financial_Corp._5.50%,_Series_D
Pfd2HPWF-S PWF.PR.S CA73927C7465 $18.51$20.00$16.14PERPETUAL @ 4.80%06.48% $1.2000Power_Financial_Corp._4.80%,_Series_S
Pfd2HPWF-Z PWF.PR.Z CA73927C7127 $19.90$21.20$17.20PERPETUAL @ 5.15%06.48% $1.2900Power_Financial_Corp._5.15%,_Series_V
Pfd2HPWF-F PWF.PR.F CA73927C8869 $20.24$21.85$17.50PERPETUAL @ 5.25%06.47% $1.3100Power_Financial_Corp._5.25%,_Series_E
Pfd2HPWF-G PWF.PR.G CA73927C8786 $22.86$23.93$19.90PERPETUAL @ 5.90%06.47% $1.4800Power_Financial_Corp._5.90%,_Series_F
Pfd2HGWO-H GWO.PR.H CA39138C8741 $18.73$20.09$16.75PERPETUAL @ 4.85%06.46% $1.2100Great-West_Lifeco_Inc._4.85%,_Series_H
Pfd2HGWO-G GWO.PR.G CA39138C8824 $20.15$21.81$17.75PERPETUAL @ 5.20%06.45% $1.3000Great-West_Lifeco_Inc._5.20%,_Series__G
Pfd2IFC-K IFC.PR.K CA45823T8178 $20.35$22.20$18.45PERPETUAL @ 5.25%06.45% $1.3125Non-Cumulative_Class_A_Shares,_Series_11
NRELF-G ELF.PR.G CA26857Q4088 $18.45$19.05$16.12PERPETUAL @ 4.76%06.45% $1.1900E-L_Financial_Corp._4.75%,_Series_2
Pfd2HGWO-S GWO.PR.S CA39138C7347 $20.3521.7417.65PERPETUAL @ 5.25%06.44% $1.3100Great-West_Lifeco_Inc._5.25%,_Series_S
Pfd2IFC-I IFC.PR.I CA45823T8582 $21.00$22.90$18.74PERPETUAL @ 5.40%06.43% $1.3500Non-Cumulative_Class_A_Shares,_Series_9
Pfd2HPWF.PF.A PWF.PF.A CA73927C1187 $17.53$18.91$15.11PERPETUAL @ 4.50%06.42% $1.12504.50%_Non-Cumulative_First_Preferred_Shares,_Series_23
Pfd2LPOW-C POW.PR.C CA7392398797 $22.60$24.10$20.15PERPETUAL @ 5.80%06.41% $1.4500Power_Corp_of_Canada_5.80%,_Series_C
Pfd2LPOW-D POW.PR.D CA7392398615 $19.48$20.75$16.77PERPETUAL @ 5.00%06.41% $1.2500Power_Corp_of_Canada_5.00%,_Series_D
Pfd2HGWO-Y GWO.PR.Y CA39138C6927 $17.6019.9515.41PERPETUAL @ 4.50%06.39% $1.1250Great-West_Lifeco_Inc._4.5%,_Series_Y
NRELF-H ELF.PR.H CA26857Q5077 $21.60$22.18$18.70PERPETUAL @ 5.52%06.39% $1.3800E-L_Financial_Corp._5.50%,_Series_3
Pfd2HGWO-M GWO.PR.M CA39138C8170 $22.80$23.83$19.99PERPETUAL @ 5.80%06.36% $1.4500Great-West_Lifeco_Inc._5.80%,_Series_M
Pfd2IFC-E IFC.PR.E CA45823T8095 $20.50$22.00$18.50PERPETUAL @ 5.20%06.34% $1.3000Intact_Financial_Corp._5.20%,_Series_5
Pfd2HGWO-I GWO.PR.I CA39138C8667 $17.82$18.94$15.61PERPETUAL @ 4.50%06.31% $1.1250Great-West_Lifeco_Inc._4.50%,_Series_I
Pfd2HMFC-B MFC.PR.B CA56501R4035 $19.17$19.84$16.63PERPETUAL @ 4.65%06.07% $1.1640Manulife_Financial_Corp_4.65%_Non-cumulative_Class_A_Shares,_Series_2
Pfd2HSLF-E SLF.PR.E CA8667966003 $18.70$19.75$16.63PERPETUAL @ 4.50%06.04% $1.1300Sun_Life_Financial_Inc._4.50%,_Series_5
Pfd2HMFC-C MFC.PR.C CA56501R5024 $18.74$19.44$16.10PERPETUAL @ 4.50%06.03% $1.1300Manulife_Financial_Corp._4.50%,_Series_3
Pfd2HSLF-D SLF.PR.D CA8667965013 $18.60$19.38$16.53PERPETUAL @ 4.45%05.97% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_4
Pfd2HSLF-C SLF.PR.C CA8667964024 $18.70$19.60$16.37PERPETUAL @ 4.45%05.93% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_3
Pfd1LIAF-B IAF.PR.B CA4558713018 $21.91$22.51$16.78PERPETUAL @ 4.60%05.25% $1.15Industrial_Alliance_Insurance_&_Financial_4.60%,_Series_B
Pfd3FFH-E FFH.PR.E CA3039018880 $16.90$16.90$13.515YR + 2.16%04.71% $0.7956Fairfax_Financial_Holdings_Limited_2.91%,_Series_E
Pfd3FFH-C FFH.PR.C CA3039015084 $21.30$21.30$16.985YR + 3.15%05.53% $1.1773Fairfax_Financial_Holdings_Ltd._4.578%,_Series_C
Pfd3FFH-G FFH.PR.G CA3039018625 $17.50$17.57$13.565YR + 2.56%04.23% $0.7405Fairfax_Financial_Holdings_Ltd._3.318%,_Series_G
Pfd3FFH-M FFH.PR.M CA3039017973 $23.85$23.88$18.665YR + 3.98%05.24% $1.2504Fairfax_Financial_Holdings_Ltd._4.75%,_Series_M
Pfd3FFH-I FFH.PR.I CA3039018476 $18.10$18.10$14.285YR + 2.85%04.59% $0.8318Fairfax_Financial_Holdings_Ltd._3.708%,_Series_I
Pfd3FFH-K FFH.PR.K CA3039018211 $20.46$20.50$15.985YR + 3.51%06.16% $1.2613Fairfax_Financial_Holdings_Ltd._4.671%,_Series_K
Pfd2HMFC-L MFC.PR.L CA56501R7269 $20.07$20.33$15.525YR + 2.16%04.71% $0.9465Manulife_Financial_Corp._3.8%,_Series_15
Pfd2HMFC-K MFC.PR.K CA56501R7426 $22.44$23.11$17.505YR + 2.22%07.07% $1.5875Manulife_Financial_Corp._3.8%,_Series_13
Pfd2HMFC-M MFC.PR.M CA56501R6923 $20.26$20.51$15.555YR + 2.36%04.69% $0.9500Manulife_Financial_Corp._3.9%,_Series_17
Pfd2HMFC-N MFC.PR.N CA56501R6766 $19.72$20.19$15.215YR + 2.30%04.66% $0.9188Manulife_Financial_Corp._3.8%,_Series_19
Pfd2HSLF-G SLF.PR.G CA8667968819 $15.25$15.35$12.185YR + 1.41%02.99% $0.4563Sun_Life_Financial_Inc._2.275%,_Series_8R
Pfd2HMFC-J MFC.PR.J CA56501R7673 $22.50$23.33$19.005YR + 2.61%06.84% $1.5398Manulife_Financial_Corp._4.0%,_Series_11
Pfd2IFC-G IFC.PR.G CA45823T8749 $22.00$22.96$19.055YR + 2.55%06.83% $1.5030Intact_Financial_Corp._4.90%,_Series_7
Pfd2HMFC-I MFC.PR.I CA56501R7830 $22.35$23.20$18.855YR + 2.86%06.68% $1.4945Manulife_Financial_Corp._4.4%,_Series_9
Pfd2HMFC-Q MFC.PR.Q CA56501R6196 $21.87$22.79$18.405YR + 2.55%06.79% $1.4855Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_25
Pfd2IFC-A IFC.PR.A CA45823T3047 $18.37$19.62$15.205YR + 1.72%06.59% $1.2103Intact_Financial_Corp._3.396%,_Series_1
Pfd2HPWF-P PWF.PR.P CA73927C7796 $14.95$15.00$11.295YR + 1.60%03.34% $0.4995Power_Financial_Corp._2.306%,_Series_P
Pfd2HGWO-N GWO.PR.N CA39138C7917 $14.51$14.60$11.505YR + 1.30%03.01% $0.4373Great-West_Lifeco_Inc._2.176%,_Series_N
Pfd2HPWF-T PWF.PR.T CA73927C7382 $22.27$22.27$17.055YR + 2.37%06.28% $1.3988Power_Financial_Corp._4.20%,_Series_T
Pfd2HMFC-F MFC.PR.F CA56501R8580 $15.29$15.40$11.705YR + 1.41%03.84% $0.5870Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_3
Pfd2IFC-C IFC.PR.C CA45823T6016 $20.02$20.26$15.705YR + 2.66%04.32% $0.8643Intact_Financial_Corp._3.332%,_Series_3
Pfd2HSLF-H SLF.PR.H CA8667968652 $18.67$19.40$14.565YR + 2.17%03.97% $0.7418Sun_Life_Financial_Inc._2.842%,_Series_10R
 
 

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 2024-Apr-05 19:07, Model Metrics 2024-Apr-08 20:16
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/DPay Div DateEx Div DateRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesConverts ToYears To Double Initial InvestmentP/E RatioMarket Cap In BillionsP/B RatioCommon Stock YieldProjected Common Stock YieldOutstanding FloatName


 
 

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 1.50%
  • Scenario 2: 5YR GOC Rate is set at 2.00%
  • Scenario 3: 5YR GOC Rate is set at 2.50%
  • Scenario 4: 5YR GOC Rate is set at 3.0%
  • Scenario 5: 5YR GOC Rate is set at 3.50%
  • Scenario 6: 5YR GOC Rate is set at 4.00%

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 2024-Apr-05 19:07, Model Metrics 2024-Apr-08 20:16
Credit RatingSymbolReset Date Y/M/DCurrent (Yield Dividend)
5Yr @ 1.50%. Reset (Yield Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.50%.
5Yr @ 1.50%. Blended (Yield Dividend)5Yr @ 1.50%. Rate Change (percent | to value )
5Yr @ 2.00%. Reset (Yield Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.00%.
5Yr @ 2.00%. Blended (Yield Dividend)5Yr @ 2.00%. Rate Change (percent | to value )
5Yr @ 2.50%. Reset (Yield Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.50%.
5Yr @ 2.50%. Blended (Yield Dividend)5Yr @ 2.50%. Rate Change (percent | to value )
Pfd3FFH-E FFH.PR.E CA3039018880 2025MAR3104.71% $0.79565.41% $0.9105.27% $0.89047% 5.41%6.15% $1.0405.86% $0.99047% 6.15%6.89% $1.1706.47% $1.09047% 6.89%
Pfd3FFH-C FFH.PR.C CA3039015084 2024DEC3105.53% $1.17735.46% $1.1605.45% $1.16017% 5.46%6.04% $1.2905.97% $1.27017% 6.04%6.63% $1.4106.45% $1.37017% 6.63%
Pfd3FFH-G FFH.PR.G CA3039018625 2025SEP3004.23% $0.74055.80% $1.0205.34% $0.93042% 5.80%6.51% $1.1405.82% $1.02042% 6.51%7.23% $1.2706.34% $1.11042% 7.23%
Pfd3FFH-M FFH.PR.M CA3039017973 2025MAR3105.24% $1.25045.74% $1.3705.64% $1.34004% 5.74%6.27% $1.5006.08% $1.45004% 6.27%6.79% $1.6206.48% $1.54004% 6.79%
Pfd3FFH-I FFH.PR.I CA3039018476 2025DEC3104.59% $0.83186.01% $1.0905.52% $0.99038% 6.01%6.70% $1.2105.95% $1.07038% 6.70%7.39% $1.3406.42% $1.16038% 7.39%
Pfd3FFH-K FFH.PR.K CA3039018211 2027MAR3106.16% $1.26136.12% $1.2506.14% $1.25022% 6.12%6.73% $1.3806.39% $1.30022% 6.73%7.34% $1.5006.63% $1.35022% 7.34%
Pfd2HMFC-L MFC.PR.L CA56501R7269 2024JUN1904.71% $0.94654.56% $0.9104.56% $0.91024% 4.56%5.18% $1.0405.15% $1.03024% 5.18%5.80% $1.1705.77% $1.15024% 5.80%
Pfd2HMFC-K MFC.PR.K CA56501R7426 2028SEP1907.07% $1.58754.14% $0.9306.78% $1.52011% 4.14%4.70% $1.0606.83% $1.53011% 4.70%5.26% $1.1806.89% $1.54011% 5.26%
Pfd2HMFC-M MFC.PR.M CA56501R6923 2024DEC1904.69% $0.95004.76% $0.9604.75% $0.96023% 4.76%5.38% $1.0905.27% $1.06023% 5.38%6.00% $1.2205.82% $1.17023% 6.00%
Pfd2HMFC-N MFC.PR.N CA56501R6766 2025MAR1904.66% $0.91884.82% $0.9504.78% $0.94026% 4.82%5.45% $1.0805.31% $1.04026% 5.45%6.09% $1.2005.80% $1.14026% 6.09%
Pfd2HSLF-G SLF.PR.G CA8667968819 2025JUN3002.99% $0.45634.77% $0.7204.32% $0.66063% 4.77%5.59% $0.8504.94% $0.75063% 5.59%6.41% $0.9705.55% $0.84063% 6.41%
Pfd2HMFC-J MFC.PR.J CA56501R7673 2028MAR1906.84% $1.53984.57% $1.0306.39% $1.43011% 4.57%5.12% $1.1506.49% $1.46011% 5.12%5.68% $1.2806.61% $1.48011% 5.68%
Pfd2IFC-G IFC.PR.G CA45823T8749 2028JUN3006.83% $1.50304.60% $1.0106.49% $1.42013% 4.60%5.17% $1.1406.58% $1.44013% 5.17%5.74% $1.2606.66% $1.46013% 5.74%
Pfd2HMFC-I MFC.PR.I CA56501R7830 2027SEP1906.68% $1.49454.88% $1.0906.14% $1.37011% 4.88%5.44% $1.2206.31% $1.41011% 5.44%6.00% $1.3406.47% $1.44011% 6.00%
Pfd2HMFC-Q MFC.PR.Q CA56501R6196 2028JUN1906.79% $1.48554.63% $1.0106.46% $1.41014% 4.63%5.20% $1.1406.55% $1.43014% 5.20%5.77% $1.2606.63% $1.45014% 5.77%
Pfd2IFC-A IFC.PR.A CA45823T3047 2027DEC3106.59% $1.21034.38% $0.8006.03% $1.10036% 4.38%5.06% $0.9306.20% $1.14036% 5.06%5.74% $1.0606.38% $1.17036% 5.74%
Pfd2HPWF-P PWF.PR.P CA73927C7796 2026JAN3103.34% $0.49955.18% $0.7704.44% $0.66067% 5.18%6.02% $0.9004.94% $0.73067% 6.02%6.86% $1.0305.47% $0.81067% 6.86%
Pfd2HGWO-N GWO.PR.N CA39138C7917 2025DEC3103.01% $0.43734.82% $0.7004.19% $0.60072% 4.82%5.69% $0.8204.75% $0.68072% 5.69%6.55% $0.9505.31% $0.77072% 6.55%
Pfd2HPWF-T PWF.PR.T CA73927C7382 2029JAN3106.28% $1.39884.34% $0.9606.28% $1.39012% 4.34%4.91% $1.0906.28% $1.39012% 4.91%5.47% $1.2206.28% $1.39012% 5.47%
Pfd2HMFC-F MFC.PR.F CA56501R8580 2026JUN1903.84% $0.58704.76% $0.7204.34% $0.66063% 4.76%5.58% $0.8504.79% $0.73063% 5.58%6.39% $0.9705.24% $0.80063% 6.39%
Pfd2IFC-C IFC.PR.C CA45823T6016 2026SEP3004.32% $0.86435.19% $1.0404.75% $0.95024% 5.19%5.82% $1.1705.08% $1.01024% 5.82%6.44% $1.2905.38% $1.07024% 6.44%
Pfd2HSLF-H SLF.PR.H CA8667968652 2026SEP3003.97% $0.74184.91% $0.9104.44% $0.82033% 4.91%5.58% $1.0404.77% $0.89033% 5.58%6.25% $1.1705.11% $0.95033% 6.25%