Compare Preferred Shares With Credit Rating Pfd-2
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:
- Reset Date.
- Reset (Yield | Dividend).
- 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.
- Rate Increase Percent.
- Rate Increase To Value.
- New Spread increase.
- 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
- Short Position.
- Additional Features.
- Years To Double Initial Investment.
- Outstanding float. This is the outstanding float for this preferred.
- Market Cap In Bilions.
- Common Stock P/E Ratio.
- Common Stock P/B Ratio.
- Common Stock Yield. Current yield of the common. Should be considered if preferred yield is lower.
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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
|Symbol||Price||52W High||52W 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/D||Rate Increase percent||Rate Increase to value||New Spread Increase||New Spread value||Short Position||Additional Features||Years To Double Initial Investment||P/E Ratio||Market Cap In Billions||P/B Ratio||Common Stock Yield||Projected Common Stock Yield||Outstanding Float||Name|
|POW-C POW.PR.C CA7392398797||$25.55||$25.85||$17.82||perpetual @ 5.80%||05.68% $1.4500||N/A||05.68% $1.4500||perpetual||-2%||5.68%||N/A||N/A||70,177||N/A||12.54||12.54||19.6 B||1.64||5.66%||0.00%||6,000,000||Power_Corp_of_Canada_5.80%,_Series_C|
|POW-G POW.PR.G CA7392398532||$25.28||$25.67||$16.98||perpetual @ 5.60%||05.54% $1.4000||N/A||05.54% $1.4000||perpetual||-1%||5.54%||N/A||N/A||7,357||N/A||12.85||12.54||19.6 B||1.64||5.66%||0.00%||8,000,000||Power_Corp_of_Canada_5.60%,_Series_G|
|POW-A POW.PR.A CA7392398870||$25.50||$25.90||$16.94||perpetual @ 5.60%||05.49% $1.4000||N/A||05.49% $1.4000||perpetual||-1%||5.49%||N/A||N/A||63,434||N/A||12.97||12.54||19.6 B||1.64||5.66%||0.00%||6,000,000||Power_Corp_of_Canada_5.60%,_Series_A|
|POW-B POW.PR.B CA7392398045||$25.21||$25.74||$15.57||perpetual @ 5.35%||05.32% $1.3400||N/A||05.32% $1.3400||perpetual||-0%||5.31%||N/A||N/A||56,632||N/A||13.37||12.54||19.6 B||1.64||5.66%||0.00%||8,000,000||Power_Corp_of_Canada_5.35%,_Series_B|