Compare Preferred Shares With Credit Rating Pfd-2

Use this tool to Compare Preferred Shares With Credit Rating Pfd-2. The tool allows you to compare all preferred shares from issuers with credit rating of Pfd-2. The set includes all perpetual and resets from all sectors. The only filter here is the credit rating of the issuer. Most importantly all the legwork is done. In other words, we have collected, processed and categorized the data. Subsequently all the relevant data you need to make your decision is available to you.

 

Ratings of Pfd-2, Pfd-2High and Pfd-2Low from the credit rating agencies are used to indicate a rating of Upper-medium grade which comes with moderate credit risk.  There is substantial protection of dividend and principal, but earnings, balance sheet and coverage ratios are not as strong as Pfd-1 rated companies. Generally, Pfd-2 ratings correspond with companies whose senior bonds are rated in the “A” category.  Pfd-2 represents the middle credit rating in this category.

 

Compare Preferred Shares With Credit Rating Pfd-2 process

The companies you see here are large, established Canadian financial institutions, such as banks and insurance companies. Any issues here are good investments for investors seeking stability and low risk while at the same time receiving a good dividend.

 

The information is in an easy to understand format. Thus helping you pick the right share to purchase or sell.  All metrics on the table can be sorted to present a view of the data you prefer to work with. Using this information you can apply your particular style of investing to select the issue that is right for your needs.

    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.

    Shares With Credit Rating Pfd-2

    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). A (What If) scenario. It represents the blended yield and dividend for the current issue. It should only be used as a reference. It is not meant to show actual returns for Yield/Dividend. This metric has merit only when applied across all issues being considered.
    4. Rate Increase Percent.
    5. Rate Increase To Value.
    6. New Spread increase.
    7. New Spread Value. This reflects the effect or the current price on the issue spread of the preferred. It shows the effective new spread of the share due to its drop or rise of its share value
    8. Short Position.
    9. Additional Features.
    10. Years To Double Initial Investment.
    11. Outstanding float. This is the outstanding float for this preferred.
    12. Market Cap In Bilions.
    13. Common Stock P/E Ratio.
    14. Common Stock P/B Ratio.
    15. Common Stock Yield. Current yield of the common. Should be considered if preferred yield is lower.
    Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:43
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Name
    POW-C POW.PR.C CA7392398797 $25.55$25.85$17.82perpetual @ 5.80%05.68% $1.4500Power_Corp_of_Canada_5.80%,_Series_C
    POW-G POW.PR.G CA7392398532 $25.28$25.67$16.98perpetual @ 5.60%05.54% $1.4000Power_Corp_of_Canada_5.60%,_Series_G
    POW-A POW.PR.A CA7392398870 $25.50$25.90$16.94perpetual @ 5.60%05.49% $1.4000Power_Corp_of_Canada_5.60%,_Series_A
    POW-B POW.PR.B CA7392398045 $25.21$25.74$15.57perpetual @ 5.35%05.32% $1.3400Power_Corp_of_Canada_5.35%,_Series_B
    IFC-F IFC.PR.F CA45823T8822 $25.80$26.23$16.50perpetual @ 5.30%05.16% $1.3300Intact_Financial_Corp._5.30%,_Series_6
    IFC-E IFC.PR.E CA45823T8095 $25.38$26.39$15.92perpetual @ 5.20%05.12% $1.3000Intact_Financial_Corp._5.20%,_Series_5
    IFC-I IFC.PR.I CA45823T8582 $26.40$28.40$17.74perpetual @ 5.40%05.11% $1.3500Non-Cumulative_Class_A_Shares,_Series_9
    POW-D POW.PR.D CA7392398615 $25.46$25.50$15.01perpetual @ 5.00%04.91% $1.2500Power_Corp_of_Canada_5.00%,_Series_D
    SLF-B SLF.PR.B CA8667963034 $25.00$25.55$15.75perpetual @ 4.80%04.80% $1.2000Sun_Life_Financial_Inc._4.80%,_Series_2
    SLF-A SLF.PR.A CA8667962044 $25.10$25.41$15.50perpetual @ 4.75%04.74% $1.1900Sun_Life_Financial_Inc._4.75%,_Series_1
    SLF-E SLF.PR.E CA8667966003 $24.21$25.11$14.49perpetual @ 4.50%04.67% $1.1300Sun_Life_Financial_Inc._4.50%,_Series_5
    MFC-C MFC.PR.C CA56501R5024 $24.30$25.22$13.90perpetual @ 4.50%04.65% $1.1300Manulife_Financial_Corp._4.50%,_Series_3
    MFC-B MFC.PR.B CA56501R4035 $25.10$25.32$14.85perpetual @ 4.65%04.64% $1.1640Manulife_Financial_Corp_4.65%_Non-cumulative_Class_A_Shares,_Series_2
    SLF-C SLF.PR.C CA8667964024 $24.05$24.96$14.25perpetual @ 4.45%04.62% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_3
    SLF-D SLF.PR.D CA8667965013 $24.18$24.95$14.20perpetual @ 4.45%04.59% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_4
    EML-A EML.PR.A CA2918392077 $25.28$25.82$16.045yr + 4.99%05.70% $1.4400Empire Life Insurance Company 5.75%, Series 1
    MFC-O MFC.PR.O CA56501R6501 $25.20$26.01$16.715yr + 4.79%05.56% $1.4000Manulife_Financial_Corp._5.6%,_Series_21
    TD.PF.G CA8911455753 $25.29$25.82$18.465yr + 4.66%05.46% $1.3800Toronto-Dominion_Bank_5.60%,_Series_12_-_NVC
    TD.PF.H CA8911606652 $25.60$25.80$16.515yr + 4.12%04.73% $1.2100Toronto-Dominion_Bank_4.85%,_Series_14_-_NVC
    CM-Y CM.PR.Y CA13607G7993 $26.09$26.80$14.755yr + 3.62%04.93% $1.2872Canadian_Imperial_Bank_of_Commerce_5.15%,_Series_51_-_NVCC
    TD.PF.L CA8911605746 $25.41$25.72$13.715yr + 3.27%05.12% $1.3000Toronto-Dominion_Bank_5.2%,_Series_22_-_NVcC
    CM-T CM.PR.T CA1360707949 $25.53$25.69$13.865yr + 3.31%05.09% $1.3000Canadian_Imperial_Bank_of_Commerce__5.20%_Non-cumulative_Rate_Reset_Class_A_Preferred_Shares_Series_49
    TD.PF.M CA8911605415 $25.98$26.15$15.505yr + 3.56%04.91% $1.2750Toronto-Dominion_Bank_5.10%,_Series_24_-_NVC
    MFC-R MFC.PR.R CA56501R6352 $25.62$25.75$13.205yr + 3.83%04.73% $1.2120Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_23
    IFC-G IFC.PR.G CA45823T8749 $23.30$23.42$11.005yr + 2.55%05.28% $1.2300Intact_Financial_Corp._4.90%,_Series_7
    TD.PF.K CA8911605902 $23.90$24.14$12.355yr + 2.59%04.98% $1.1900Toronto-Dominion_Bank_4.75%,_Series_20_-_NVC
    CM-P CM.PR.P CA1360694246 $21.64$21.67$10.155yr + 2.24%04.52% $0.9772Canadian_Imperial_Bank_of_Commerce_3.75%,_Series_41_-_NVCC
    CM-R CM.PR.R CA1360702080 $25.24$25.30$12.265yr + 3.38%04.36% $1.1000Canadian_Imperial_Bank_of_Commerce_4.40%,_Series_45_-_NVCC
    MFC-K MFC.PR.K CA56501R7426 $22.23$23.50$9.965yr + 2.20%04.97% $1.1040Manulife_Financial_Corp._3.8%,_Series_13
    TD.PF.J CA8911606249 $24.40$24.49$11.835yr + 2.70%04.84% $1.1800Toronto-Dominion_Bank_4.70%,_Series_18_-_NVC
    MFC-Q MFC.PR.Q CA56501R6196 $24.00$24.35$10.545yr + 2.55%04.90% $1.1760Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_25
    TD.PF.I CA8911606405 $24.97$24.97$12.005yr + 3.01%04.53% $1.1300Toronto-Dominion_Bank_4.50%,_Series_16_-_NVCC
    MFC-H MFC.PR.H CA56501R8176 $24.94$25.98$11.105yr + 3.13%04.33% $1.0800Manulife_Financial_Corp._4.6%,_Series_7
    TD.PF.C CA8911456587 $22.90$22.90$10.615yr + 2.25%04.23% $0.9692Toronto-Dominion_Bank_3.75%,_Series_5_-_NVC
    MFC-L MFC.PR.L CA56501R7269 $21.73$22.30$9.175yr + 2.22%04.36% $0.9465Manulife_Financial_Corp._3.8%,_Series_13
    MFC-J MFC.PR.J CA56501R7673 $24.25$24.50$10.775yr + 2.61%04.88% $1.1840Manulife_Financial_Corp._4.0%,_Series_11
    MFC-N MFC.PR.N CA56501R6766 $22.30$24.32$9.115yr + 2.30%04.12% $0.9188Manulife_Financial_Corp._3.8%,_Series_19
    MFC-I MFC.PR.I CA56501R7830 $24.40$25.08$10.505yr + 2.86%04.46% $1.0880Manulife_Financial_Corp._4.4%,_Series_9
    MFC-M MFC.PR.M CA56501R6923 $22.95$23.60$9.315yr + 2.36%04.14% $0.9500Manulife_Financial_Corp._3.9%,_Series_17
    CM-O CM.PR.O CA1360694402 $22.20$22.20$10.055yr + 2.32%04.18% $0.9283Canadian_Imperial_Bank_of_Commerce_3.90%,_Series_39_-_NVCC
    CM-S CM.PR.S CA1360708772 $23.66$23.66$11.235yr + 2.45%04.78% $1.1300Canadian_Imperial_Bank_of_Commerce_4.50%,_Series_47_-_NVCC
    IFC-A IFC.PR.A CA45823T3047 $18.00$18.10$7.565yr + 1.72%04.72% $0.8500Intact_Financial_Corp._3.396%,_Series_1
    TD.PF.B CA8911456744 $22.89$22.95$10.575yr + 2.27%04.02% $0.9202Toronto-Dominion_Bank_3.80%,_Series_3_-_NVC
    IFC-C IFC.PR.C CA45823T6016 $22.95$23.00$9.745yr + 2.66%03.62% $0.8300Intact_Financial_Corp._3.332%,_Series_3
    TD.PF.A CA8911456900 $23.08$23.08$10.215yr + 2.24%03.97% $0.9156Toronto-Dominion_Bank_3.90%,_Series_1_-_NVCC_
    MFC-G MFC.PR.G CA56501R8333 $24.79$25.19$10.495yr + 2.90%03.92% $0.9720Manulife_Financial_Corp._3.89%,_Series_5
    SLF-I SLF.PR.I CA8667968322 $23.92$24.74$10.265yr + 2.73%03.97% $0.9500Sun_Life_Financial_Inc._3.806%,_Series_12R_
    SLF-H SLF.PR.H CA8667968652 $21.01$21.50$8.535yr + 2.17%03.38% $0.7100Sun_Life_Financial_Inc._2.842%,_Series_10R
    MFC-F MFC.PR.F CA56501R8580 $15.99$16.06$6.195yr + 1.41%03.41% $0.5445Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_3
    TD.PF.E CA8911456173 $23.90$24.00$12.165yr + 2.87%03.39% $0.8105Toronto-Dominion_Bank_3.70%,_Series_9_-_NVC
    TD.PF.D CA8911456330 $23.82$23.87$12.005yr + 2.79%03.36% $0.8003Toronto-Dominion_Bank_3.60%,_Series_7_-_NVC
    CM-Q CM.PR.Q CA1360693909 $23.50$23.83$10.185yr + 2.79%03.34% $0.7858Canadian_Imperial_Bank_of_Commerce_3.60%,_Series_43_-_NVCC
    SLF-G SLF.PR.G CA8667968819 $14.70$15.39$6.645yr + 1.41%03.10% $0.4563Sun_Life_Financial_Inc._2.275%,_Series_8R
     
     

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    Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:43
    SymbolPrice52W 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
    Reset Date Y/M/DRate Increase percentRate Increase to valueNew Spread IncreaseNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentP/E RatioMarket Cap In BillionsP/B RatioCommon Stock YieldProjected Common Stock YieldOutstanding FloatName
    POW-C POW.PR.C CA7392398797 $25.55$25.85$17.82perpetual @ 5.80%05.68% $1.4500N/A05.68% $1.4500perpetual-2%5.68%N/AN/A70,177N/A12.5412.5419.6 B1.645.66%0.00%6,000,000Power_Corp_of_Canada_5.80%,_Series_C
    POW-G POW.PR.G CA7392398532 $25.28$25.67$16.98perpetual @ 5.60%05.54% $1.4000N/A05.54% $1.4000perpetual-1%5.54%N/AN/A7,357N/A12.8512.5419.6 B1.645.66%0.00%8,000,000Power_Corp_of_Canada_5.60%,_Series_G
    POW-A POW.PR.A CA7392398870 $25.50$25.90$16.94perpetual @ 5.60%05.49% $1.4000N/A05.49% $1.4000perpetual-1%5.49%N/AN/A63,434N/A12.9712.5419.6 B1.645.66%0.00%6,000,000Power_Corp_of_Canada_5.60%,_Series_A
    POW-B POW.PR.B CA7392398045 $25.21$25.74$15.57perpetual @ 5.35%05.32% $1.3400N/A05.32% $1.3400perpetual-0%5.31%N/AN/A56,632N/A13.3712.5419.6 B1.645.66%0.00%8,000,000Power_Corp_of_Canada_5.35%,_Series_B