Compare Preferred Shares With Credit Rating Pfd-2H

Use this tool to Compare Preferred Shares With Credit Rating Pfd-2H. The tool allows you to compare all preferred shares from issuers with credit rating of Pfd-2H. 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-2H represents the highest credit rating in this category.

 

Compare Preferred Shares With Credit Rating Pfd-2H 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-2H 

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    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.
    (EST: UTC-05:00)Last Updated: Market Data 2024-Jun-14 16:38, Model Metrics 2024-Jun-15 08:13
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Name
    MIC-A MIC.PR.A CA786688309 $18.90$20.35$15.51PERPETUAL @ 5.40%07.14% $1.3500SAGEN_MI_CANADA_INC._Class_A_Preferred_Shares,_Series_1_
    PWF-E PWF.PR.E CA73927C8034 $20.91$21.68$18.29PERPETUAL @ 5.50%06.60% $1.3800Power_Financial_Corp._5.50%,_Series_D
    PWF-R PWF.PR.R CA73927C7531 $20.90$21.65$18.27PERPETUAL @ 5.50%06.60% $1.3800Power_Financial_Corp._5.50%,_Series_R
    PWF-H PWF.PR.H CA73927C8604 $21.92$22.55$19.24PERPETUAL @ 5.75%06.57% $1.4400Power_Financial_Corp._5.75%,_Series_H
    PWF-O PWF.PR.O CA73927C7879 $22.07$22.66$19.35PERPETUAL @ 5.80%06.57% $1.4500Power_Financial_Corp._5.80%,_Series_O
    PWF-K PWF.PR.K CA73927C8372 $18.90$19.45$16.67PERPETUAL @ 4.95%06.56% $1.2400Power_Financial_Corp._4.95%,_Series_K
    PWF-L PWF.PR.L CA73927C8299 $19.50$19.99$17.11PERPETUAL @ 5.10%06.56% $1.2800Power_Financial_Corp._5.10%,_Series_L
    PWF-Z PWF.PR.Z CA73927C7127 $19.70$20.34$17.20PERPETUAL @ 5.15%06.55% $1.2900Power_Financial_Corp._5.15%,_Series_V
    GWO-L GWO.PR.L CA39138C8253 $21.60$22.43$19.40PERPETUAL @ 5.65%06.53% $1.4100Great-West_Lifeco_Inc._5.65%,_Series_L
    PWF-F PWF.PR.F CA73927C8869 $20.06$20.74$17.50PERPETUAL @ 5.25%06.53% $1.3100Power_Financial_Corp._5.25%,_Series_E
    GWO-P GWO.PR.P CA39138C7750 $20.71$21.51$18.30PERPETUAL @ 5.40%06.52% $1.3500Great-West_Lifeco_Inc._5.40%,_Series_P
    PWF-S PWF.PR.S CA73927C7465 $18.44$19.00$16.14PERPETUAL @ 4.80%06.51% $1.2000Power_Financial_Corp._4.80%,_Series_S
    PWF-G PWF.PR.G CA73927C8786 $22.80$23.39$19.90PERPETUAL @ 5.90%06.49% $1.4800Power_Financial_Corp._5.90%,_Series_F
    GWO-M GWO.PR.M CA39138C8170 $22.39$23.31$19.99PERPETUAL @ 5.80%06.47% $1.4500Great-West_Lifeco_Inc._5.80%,_Series_M
    GWO-Q GWO.PR.Q CA39138C7677 $19.9220.7217.6PERPETUAL @ 5.15%06.47% $1.2900Great-West_Lifeco_Inc._5.15%,_Series_Q
    GWO-T GWO.PR.T CA39138C7263 $20.0020.6817.66PERPETUAL @ 5.15%06.45% $1.2900Great-West_Lifeco_Inc._5.15%,_Series_T
    GWO-S GWO.PR.S CA39138C7347 $20.4021.1417.65PERPETUAL @ 5.25%06.42% $1.3100Great-West_Lifeco_Inc._5.25%,_Series_S
    GWO-R GWO.PR.R CA39138C7594 $18.7219.2816.43PERPETUAL @ 4.80%06.41% $1.2000Great-West_Lifeco_Inc._4.80%,_Series_R
    GWO-G GWO.PR.G CA39138C8824 $20.38$21.05$17.75PERPETUAL @ 5.20%06.38% $1.3000Great-West_Lifeco_Inc._5.20%,_Series__G
    GWO-H GWO.PR.H CA39138C8741 $18.95$19.45$16.75PERPETUAL @ 4.85%06.38% $1.2100Great-West_Lifeco_Inc._4.85%,_Series_H
    GWO-Y GWO.PR.Y CA39138C6927 $17.6518.8315.41PERPETUAL @ 4.50%06.37% $1.1250Great-West_Lifeco_Inc._4.5%,_Series_Y
    PWF.PF.A PWF.PF.A CA73927C1187 $17.80$18.19$15.11PERPETUAL @ 4.50%06.32% $1.12504.50%_Non-Cumulative_First_Preferred_Shares,_Series_23
    GWO-I GWO.PR.I CA39138C8667 $17.85$18.48$15.61PERPETUAL @ 4.50%06.30% $1.1250Great-West_Lifeco_Inc._4.50%,_Series_I
    MFC-B MFC.PR.B CA56501R4035 $18.97$19.84$16.63PERPETUAL @ 4.65%06.13% $1.1640Manulife_Financial_Corp_4.65%_Non-cumulative_Class_A_Shares,_Series_2
    MFC-C MFC.PR.C CA56501R5024 $18.50$19.44$16.10PERPETUAL @ 4.50%06.11% $1.1300Manulife_Financial_Corp._4.50%,_Series_3
    SLF-E SLF.PR.E CA8667966003 $18.90$19.75$16.63PERPETUAL @ 4.50%05.98% $1.1300Sun_Life_Financial_Inc._4.50%,_Series_5
    SLF-D SLF.PR.D CA8667965013 $18.70$19.38$16.53PERPETUAL @ 4.45%05.93% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_4
    SLF-C SLF.PR.C CA8667964024 $18.77$19.60$16.37PERPETUAL @ 4.45%05.91% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_3
    MFC-L MFC.PR.L CA56501R7269 $20.70$22.53$16.465YR + 2.16%06.97% $1.4438Manulife_Financial_Corp._3.8%,_Series_15
    MFC-K MFC.PR.K CA56501R7426 $22.55$23.97$18.565YR + 2.22%07.04% $1.5875Manulife_Financial_Corp._3.8%,_Series_13
    TD.PF.M TD.PF.M CA8911605415 $25.02$25.19$23.205YR + 3.56%05.09% $1.2750Toronto-Dominion_Bank_5.10%,_Series_24_-_NVC
    MFC-M MFC.PR.M CA56501R6923 $19.90$22.05$15.955YR + 2.36%04.77% $0.9500Manulife_Financial_Corp._3.9%,_Series_17
    MFC-N MFC.PR.N CA56501R6766 $19.31$21.60$16.105YR + 2.30%04.76% $0.9188Manulife_Financial_Corp._3.8%,_Series_19
    MFC-J MFC.PR.J CA56501R7673 $22.73$24.75$19.005YR + 2.61%06.77% $1.5398Manulife_Financial_Corp._4.0%,_Series_11
    BMO-E BMO.PR.E CA06368B2075 $25.39$25.78$21.305YR + 2.68%06.71% $1.7040Bank_of_Montreal_4.85%,_Series_44_-_NVC
    MFC-I MFC.PR.I CA56501R7830 $22.76$25.00$18.855YR + 2.86%06.56% $1.4945Manulife_Financial_Corp._4.4%,_Series_9
    PWF-P PWF.PR.P CA73927C7796 $14.68$15.68$11.295YR + 1.60%03.40% $0.4995Power_Financial_Corp._2.306%,_Series_P
    MFC-Q MFC.PR.Q CA56501R6196 $22.60$24.60$18.585YR + 2.55%06.57% $1.4855Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_25
    PWF-T PWF.PR.T CA73927C7382 $21.50$22.59$17.975YR + 2.37%06.50% $1.3988Power_Financial_Corp._4.20%,_Series_T
    GWO-N GWO.PR.N CA39138C7917 $14.08$15.47$11.765YR + 1.30%03.10% $0.4373Great-West_Lifeco_Inc._2.176%,_Series_N
    SLF-G SLF.PR.G CA8667968819 $15.80$17.56$12.205YR + 1.41%02.89% $0.4563Sun_Life_Financial_Inc._2.275%,_Series_8R
    TD.PF.I TD.PF.I CA8911606405 $25.06$25.67$21.655YR + 3.01%06.28% $1.5753Toronto-Dominion_Bank_4.50%,_Series_16_-_NVCC
    TD.PF.J TD.PF.J CA8911606249 $23.77$25.00$19.425YR + 2.70%06.04% $1.4368Toronto-Dominion_Bank_4.70%,_Series_18_-_NVC
    TD.PF.D TD.PF.D CA8911456330 $22.52$23.85$16.715YR + 2.79%03.55% $0.8003Toronto-Dominion_Bank_3.60%,_Series_7_-_NVC
    TD.PF.C TD.PF.C CA8911456587 $22.41$23.66$16.005YR + 2.25%04.32% $0.9692Toronto-Dominion_Bank_3.75%,_Series_5_-_NVC
    TD.PF.E TD.PF.E CA8911456173 $22.43$23.75$16.705YR + 2.87%03.61% $0.8105Toronto-Dominion_Bank_3.70%,_Series_9_-_NVC
    MFC-F MFC.PR.F CA56501R8580 $15.53$18.15$11.805YR + 1.41%03.78% $0.5870Manulife_Financial_Corp_Non-cumulative_Rate_Reset_Class_1_Shares_Series_3
    SLF-H SLF.PR.H CA8667968652 $18.08$20.50$14.565YR + 2.17%04.10% $0.7418Sun_Life_Financial_Inc._2.842%,_Series_10R
    TD.PF.A TD.PF.A CA8911456900 $23.22$24.47$16.685YR + 2.24%03.94% $0.9156Toronto-Dominion_Bank_3.90%,_Series_1_-_NVCC_
    BMO-W BMO.PR.W CA0636798807 $23.26$24.25$16.125YR + 2.22%04.14% $0.9628Bank_of_Montreal_3.80%,_Series_31_-_NVC
    BMO-Y BMO.PR.Y CA06367X2005 $23.04$23.99$16.075YR + 2.71%03.31% $0.7635Bank_of_Montreal_3.80%,_Series_33
    TD.PF.B TD.PF.B CA8911456744 $24.26$24.60$16.945YR + 2.27%03.79% $0.9202Toronto-Dominion_Bank_3.80%,_Series_3_-_NVC
    BMO-T BMO.PR.T CA0636796090 $24.34$24.68$16.405YR + 2.24%03.72% $0.9060Bank_of_Montreal_3.90%,_Series_29
     
     

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    (EST: UTC-05:00)Last Updated: Market Data 2024-Jun-14 16:38, Model Metrics 2024-Jun-15 08:13
    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
    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