Compare Preferred Shares With Credit Rating Pfd-3L

Use this tool to Compare Preferred Shares With Credit Rating Pfd-3L. The tool allows you to compare all preferred shares from issuers with credit rating of Pfd-3L. 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-3, Pfd-3High and Pfd-3Low from the credit rating agencies are used to indicate a rating of Medium credit quality while protection of dividends and principal is still considered. Comes with moderate credit risk. There may be speculative characteristics. Not an investment grade issue. Pfd-3L represents the lowest credit rating in this category.

 

Compare Preferred Shares With Credit Rating Pfd-3L process

The companies you see here are smaller banks, established medium sized utilities like ALA and issuers from various sectors. Any issues here are relatively good investments for investors seeking stability and low risk while at the same time receiving a higher dividend than the PFD-2* rated issuers.

 

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-3L

    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 Change Percent.
    5. Rate Change To Value.
    6. New Spread Change.
    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 Aug-10 17:03, Model Metrics Aug-10 17:35
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Name
    ECN-C ECN.PR.C CA26829L6026 $25.50$25.80$24.905YR + 5.19% Min_6.25%07.78% $1.9843ECN_Capital_Corp._6.25%,_Series_C
    AX-A AX.PR.A CA04315L3039 $24.40$25.23$24.065YR + 4.06%05.82% $1.4200Artis_REIT_5.662%,_Series_A
    TA-F TA.PR.F CA89346D7356 $21.09$22.73$18.495YR + 3.10%06.94% $1.4635TransAlta_Corp._4.027%,_Series_C
    TA-J TA.PR.J CA89346D6770 $21.60$24.67$20.785YR + 3.80%05.77% $1.2470TransAlta_Corp._5.30%,_Serie_G
    CPX-I CPX.PR.I CA14042M8622 $25.18$26.10$24.755YR + 4.12% Min_5.75%05.72% $1.4400Capital_Power_Corp._5.75%,_Series_9
    AX-I AX.PR.I CA04315L8657 $24.31$26.12$23.775YR + 3.93% Min_6%06.17% $1.5000Artis_REIT_6.00%,_Series_I
    CPX-E CPX.PR.E CA14042M7061 $21.52$25.17$20.155YR + 3.15%06.09% $1.3100Capital_Power_Corp._5.238%,_Series_5
    CPX-C CPX.PR.C CA14042M5081 $21.70$25.36$20.425YR + 3.23%06.27% $1.3600Capital_Power_Corp._5.453%,_Series_3
    TA-H TA.PR.H CA89346D7273 $23.86$24.67$21.765YR + 3.65%05.45% $1.3000TransAlta_Corp._5.194%,_Series_E
    ALA-G ALA.PR.G CA0213618865 $19.79$25.26$18.265YR + 3.06%05.36% $1.0605AltaGas_Ltd._4.75%_Series_G
    ALA-E ALA.PR.E CA0213618030 $22.40$26.68$20.595YR + 3.17%06.02% $1.3480AltaGas_Ltd._5%_Series_E
    AX-E AX.PR.E CA04315L7097 $23.25$24.78$22.495YR + 3.30%05.89% $1.3700Artis_REIT_5.47%,_Series_E
    CPX-K CPX.PR.K CA14042M8473 $25.69$26.77$24.785YR + 4.15% Min_5.75%05.60% $1.4376Capital_Power_Corp._5.75%,_Series_11
    AQN-A AQN.PR.A CA0158573034 $22.63$26.60$20.775YR + 2.94%05.70% $1.2904Algonquin_Power_&_Utilities_Corp.Cumulative_Rate_Reset_Preferred_Shares_Series_A
    AQN-D AQN.PR.D CA0158575013 $23.68$26.62$21.905YR + 3.28%05.37% $1.2720Algonquin_Power_&_Utilities_Corp._Cumulative_Rate_Reset_Preferred_Shares_Series_D
    CPX-A CPX.PR.A CA14042M3003 $14.70$17.00$14.005YR + 2.17%04.46% $0.6553Capital_Power_Corp._3.06%,_Series_1
    TA-D TA.PR.D CA89346D7687 $14.97$17.44$13.855YR + 2.03%04.80% $0.7193TransAlta_Corp._2.709%,_Series__A
    ALA-A ALA.PR.A CA0213612090 $17.41$21.37$15.545YR + 2.66%04.39% $0.7650AltaGas_Ltd._3.38%_Series_A
     
     

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    Last Updated: Market Data Aug-10 17:03, Model Metrics Aug-10 17:35
    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/DRate Change percentRate Change to valueNew Spread ChangeNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentP/E RatioMarket Cap In BillionsP/B RatioCommon Stock YieldProjected Common Stock YieldOutstanding FloatName