Compare Preferred Shares With Credit Rating Pfd-2L

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

 

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

    Compare Preferred Shares With Credit Rating Pfd-2L

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

     

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

      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 Increase Percent.
      5. Rate Increase To Value.
      6. New Spread increase. 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 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
      CCS-C CCS.PR.C CA1899064077 $25.09$25.20$16.18perpetual @ 5.00%04.98% $1.2500Co-operators_General_Insurance_Co._5.00%,_Series_C
      BAM.PF.C CA1125855918 $24.50$24.75$15.27perpetual @ 4.85%04.95% $1.2120Brookfield_Asset_Management_Inc._4.85%,_Series_36
      BAM-N BAM.PR.N CA1125858235 $24.12$24.30$14.90perpetual @ 4.75%04.93% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_18
      BAM.PF.D CA1125855678 $24.97$25.30$15.65perpetual @ 4.90%04.90% $1.2240Brookfield_Asset_Management_Inc._4.90%,_Series_37
      BAM-M BAM.PR.M CA1125858318 $24.28$24.37$15.14perpetual @ 4.75%04.89% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_17
      CVE-C CVE.PR.C CA4480554001 $18.17$18.17$6.585yr + 3.13%06.45% $1.1725Cenovus_Energy_Inc._4.50%,_Series_3
      CVE-E CVE.PR.E CA4480556089 $19.22$20.00$18.085yr + 3.57%05.97% $1.1478Cenovus_Energy_Inc._4.50%,_Series_5
      NA-X NA.PR.X CA6330672693 $25.29$25.66$17.265yr + 4.90%05.54% $1.4000National_bank_SRS_35
      TRP-J TRP.PR.J CA87807B8345 $25.26$25.98$18.805yr min 5.5% + 4.69%05.42% $1.3700TC_Energy_-_Series_13
      CVE-G CVE.PR.G CA4480558069 $18.53$18.55$17.305yr + 3.52%05.31% $0.9838Cenovus_Energy_Inc._4.60%,_Series_7
      NA-A NA.PR.A CA6330672446 $25.51$25.65$16.505yr + 4.66%05.28% $1.3480National_bank_SRS_36
      CVE-A CVE.PR.A CA4480552021 $12.59$12.75$4.105yr + 1.73%04.77% $0.6000CENOVUS_ENERGY_INC_FIRST_PREF_S_
      TRP-A TRP.PR.A CA87807B2066 $16.18$16.18$8.385yr + 1.92%05.38% $0.8698TC_Energy_series_1
      BAM.PF.B CA1125856254 $20.62$20.63$10.145yr + 2.63%05.38% $1.1093Brookfield_Asset_Management_Inc._4.20%,_Series_34
      BAM.PF.H CA1125854846 $25.89$26.43$17.205yr min 5% + 4.17%04.83% $1.2500Brookfield_Asset_Management_Inc._5.00%,_Series_44
      TRP-K TRP.PR.K CA87807B8188 $25.46$26.11$16.455yr min 4.9% + 3.85%04.79% $1.2200TC_Energy-series_15
      BAM.PF.A CA1125856411 $22.56$22.76$11.125yr + 2.90%05.60% $1.2640Brookfield_Asset_Management_Inc._4.50%,_Series_32
      BAM.PF.I CA1125854507 $25.13$25.75$16.625yr min 4.8% + 3.85%04.78% $1.2000Brookfield_Asset_Management_Inc._4.80%,_Series_46
      TRP-E TRP.PR.E CA87807B8758 $18.86$18.89$9.385yr + 2.35%04.99% $0.9404TC_Energy-series_9
      BAM.PF.J CA1125854275 $25.05$25.52$16.525yr min 4.75% + 3.10%04.74% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_48
      TRP-D TRP.PR.D CA87807B8006 $19.20$19.20$9.525yr + 2.38%05.08% $0.9756TC_Energy-series_7
      BAM.PF.E CA1125855595 $19.42$19.42$9.155yr + 2.55%04.59% $0.8920Brookfield_Asset_Management_Inc.__3.568%__Series_38
      BAM-Z BAM.PR.Z CA1125856668 $22.47$22.47$11.005yr + 2.96%05.22% $1.1720Brookfield_Asset_Management_Inc._4.685%,_Series_30
      BAM.PF.F CA1125855348 $21.64$21.64$10.355yr + 2.86%04.64% $1.0043Brookfield_Asset_Management_Inc._4.50%,_Series_40
      BAM-T BAM.PR.T CA1125857245 $18.00$18.00$8.555yr + 2.31%04.82% $0.8680Brookfield_Asset_Management_Inc._3.471%,_Series_26
      BAM-R BAM.PR.R CA1125857401 $17.81$17.88$8.345yr + 2.30%04.04% $0.7200Brookfield_Asset_Management_Inc._3.014%,_Series_24
      NA-G NA.PR.G CA63306A2056 $24.52$24.64$11.755yr + 2.77%05.05% $1.2372National_bank_SRS_42
      BAM-X BAM.PR.X CA1125856908 $15.27$15.60$7.205yr + 1.80%04.45% $0.6800Brookfield_Asset_Management_Inc._2.727%,_Series_28
      NA-C NA.PR.C CA6330672289 $25.19$25.20$12.505yr + 3.43%04.41% $1.1120National_bank_SRS_38
      TRP-G TRP.PR.G CA87807B8592 $19.94$20.10$10.375yr + 2.96%04.20% $0.8378TC_Energy-series_11
      NA-W NA.PR.W CA6330672859 $21.72$21.72$9.945yr + 2.25%04.42% $0.9596National_bank_SRS_33
      NA-S NA.PR.S CA6330673196 $22.36$22.36$10.025yr + 2.40%04.50% $1.0062National_bank_SRS_30_
      NA-E NA.PR.E CA6330671943 $23.55$23.61$10.515yr + 2.58%04.88% $1.1500National_bank_SRS_40
      BAM.PF.G CA1125855181 $20.30$20.30$9.505yr + 2.84%04.00% $0.8120Brookfield_Asset_Management_Inc._4.50%,_Series_42
      TRP-C TRP.PR.C CA87807B6026 $13.10$13.16$6.365yr + 1.54%03.72% $0.4873TC_Energy_-_Series_5
      TRP-B TRP.PR.B CA87807B4047 $12.22$12.35$6.145yr + 1.28%03.37% $0.4123TC_Energy_-_Series_3
       
       

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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
      CCS-C CCS.PR.C CA1899064077 $25.09$25.20$16.18perpetual @ 5.00%04.98% $1.2500N/A04.98% $1.2500perpetual-0%4.98%N/AN/A6,202N/A14.26     4,000,000Co-operators_General_Insurance_Co._5.00%,_Series_C
      BAM.PF.C CA1125855918 $24.50$24.75$15.27perpetual @ 4.85%04.95% $1.2120N/A04.95% $1.2120perpetual002%4.95%N/AN/A5,704Cumulative14.34#N/A62.3 B1.981.74%0.00%7,842,909Brookfield_Asset_Management_Inc._4.85%,_Series_36
      BAM-N BAM.PR.N CA1125858235 $24.12$24.30$14.90perpetual @ 4.75%04.93% $1.1880N/A04.93% $1.1880perpetual003%4.92%N/AN/A6,060Cumulative14.40#N/A62.3 B1.981.74%0.00%7,866,749Brookfield_Asset_Management_Inc._4.75%,_Series_18
      BAM.PF.D CA1125855678 $24.97$25.30$15.65perpetual @ 4.90%04.90% $1.2240N/A04.90% $1.2240perpetual000%4.91%N/AN/A4,282Cumulative14.48#N/A62.3 B1.981.74%0.00%7,830,091Brookfield_Asset_Management_Inc._4.90%,_Series_37

      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
      CCS-C CCS.PR.C CA1899064077 $25.09$25.20$16.18perpetual @ 5.00%04.98% $1.2500Co-operators_General_Insurance_Co._5.00%,_Series_C
      BAM.PF.C CA1125855918 $24.50$24.75$15.27perpetual @ 4.85%04.95% $1.2120Brookfield_Asset_Management_Inc._4.85%,_Series_36
      BAM-N BAM.PR.N CA1125858235 $24.12$24.30$14.90perpetual @ 4.75%04.93% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_18
      BAM.PF.D CA1125855678 $24.97$25.30$15.65perpetual @ 4.90%04.90% $1.2240Brookfield_Asset_Management_Inc._4.90%,_Series_37
      BAM-M BAM.PR.M CA1125858318 $24.28$24.37$15.14perpetual @ 4.75%04.89% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_17
      CVE-C CVE.PR.C CA4480554001 $18.17$18.17$6.585yr + 3.13%06.45% $1.1725Cenovus_Energy_Inc._4.50%,_Series_3
      CVE-E CVE.PR.E CA4480556089 $19.22$20.00$18.085yr + 3.57%05.97% $1.1478Cenovus_Energy_Inc._4.50%,_Series_5
      NA-X NA.PR.X CA6330672693 $25.29$25.66$17.265yr + 4.90%05.54% $1.4000National_bank_SRS_35
      TRP-J TRP.PR.J CA87807B8345 $25.26$25.98$18.805yr min 5.5% + 4.69%05.42% $1.3700TC_Energy_-_Series_13
      CVE-G CVE.PR.G CA4480558069 $18.53$18.55$17.305yr + 3.52%05.31% $0.9838Cenovus_Energy_Inc._4.60%,_Series_7
      NA-A NA.PR.A CA6330672446 $25.51$25.65$16.505yr + 4.66%05.28% $1.3480National_bank_SRS_36
      CVE-A CVE.PR.A CA4480552021 $12.59$12.75$4.105yr + 1.73%04.77% $0.6000CENOVUS_ENERGY_INC_FIRST_PREF_S_
      TRP-A TRP.PR.A CA87807B2066 $16.18$16.18$8.385yr + 1.92%05.38% $0.8698TC_Energy_series_1
      BAM.PF.B CA1125856254 $20.62$20.63$10.145yr + 2.63%05.38% $1.1093Brookfield_Asset_Management_Inc._4.20%,_Series_34
      BAM.PF.H CA1125854846 $25.89$26.43$17.205yr min 5% + 4.17%04.83% $1.2500Brookfield_Asset_Management_Inc._5.00%,_Series_44
      TRP-K TRP.PR.K CA87807B8188 $25.46$26.11$16.455yr min 4.9% + 3.85%04.79% $1.2200TC_Energy-series_15
      BAM.PF.A CA1125856411 $22.56$22.76$11.125yr + 2.90%05.60% $1.2640Brookfield_Asset_Management_Inc._4.50%,_Series_32
      BAM.PF.I CA1125854507 $25.13$25.75$16.625yr min 4.8% + 3.85%04.78% $1.2000Brookfield_Asset_Management_Inc._4.80%,_Series_46
      TRP-E TRP.PR.E CA87807B8758 $18.86$18.89$9.385yr + 2.35%04.99% $0.9404TC_Energy-series_9
      BAM.PF.J CA1125854275 $25.05$25.52$16.525yr min 4.75% + 3.10%04.74% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_48
      TRP-D TRP.PR.D CA87807B8006 $19.20$19.20$9.525yr + 2.38%05.08% $0.9756TC_Energy-series_7
      BAM.PF.E CA1125855595 $19.42$19.42$9.155yr + 2.55%04.59% $0.8920Brookfield_Asset_Management_Inc.__3.568%__Series_38
      BAM-Z BAM.PR.Z CA1125856668 $22.47$22.47$11.005yr + 2.96%05.22% $1.1720Brookfield_Asset_Management_Inc._4.685%,_Series_30
      BAM.PF.F CA1125855348 $21.64$21.64$10.355yr + 2.86%04.64% $1.0043Brookfield_Asset_Management_Inc._4.50%,_Series_40
      BAM-T BAM.PR.T CA1125857245 $18.00$18.00$8.555yr + 2.31%04.82% $0.8680Brookfield_Asset_Management_Inc._3.471%,_Series_26
      BAM-R BAM.PR.R CA1125857401 $17.81$17.88$8.345yr + 2.30%04.04% $0.7200Brookfield_Asset_Management_Inc._3.014%,_Series_24
      NA-G NA.PR.G CA63306A2056 $24.52$24.64$11.755yr + 2.77%05.05% $1.2372National_bank_SRS_42
      BAM-X BAM.PR.X CA1125856908 $15.27$15.60$7.205yr + 1.80%04.45% $0.6800Brookfield_Asset_Management_Inc._2.727%,_Series_28
      NA-C NA.PR.C CA6330672289 $25.19$25.20$12.505yr + 3.43%04.41% $1.1120National_bank_SRS_38
      TRP-G TRP.PR.G CA87807B8592 $19.94$20.10$10.375yr + 2.96%04.20% $0.8378TC_Energy-series_11
      NA-W NA.PR.W CA6330672859 $21.72$21.72$9.945yr + 2.25%04.42% $0.9596National_bank_SRS_33
      NA-S NA.PR.S CA6330673196 $22.36$22.36$10.025yr + 2.40%04.50% $1.0062National_bank_SRS_30_
      NA-E NA.PR.E CA6330671943 $23.55$23.61$10.515yr + 2.58%04.88% $1.1500National_bank_SRS_40
      BAM.PF.G CA1125855181 $20.30$20.30$9.505yr + 2.84%04.00% $0.8120Brookfield_Asset_Management_Inc._4.50%,_Series_42
      TRP-C TRP.PR.C CA87807B6026 $13.10$13.16$6.365yr + 1.54%03.72% $0.4873TC_Energy_-_Series_5
      TRP-B TRP.PR.B CA87807B4047 $12.22$12.35$6.145yr + 1.28%03.37% $0.4123TC_Energy_-_Series_3