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List of Floating-Rate Preferred Stocks

Floating-Rate Preferred shares are preferred shares with a yield resetting every 3 months. The new yield is always the declared spread plus the yield of the Canada 3 Month Government Bond. A List of Floating-Rate Preferred Stocks is provided in the table below. The table is updated daily to reflect all changes in the market for the floating-rate preferreds.

Written By Canadian Preferreds

On January 9, 2020
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Floating-Rate Preferred shares are preferred shares with a yield reseting every 3 months. The new yield is always the declared spread plus the yield of the Canada 3 Month Government Bond. A List of Floating-Rate Preferred Stocks is provided in the table below. The table is updated daily to reflect all changes in the market for the floating-rate preferreds.

These are the most common variations of floating rate preferreds.

  • Fixed to Floating Rate Issues. They start as 5 year fixed and than convert to a floating-rate at the end of the period.
  • Floating Rate Preferred. These are floating since issue date.

 

 

List of Floating-Rate Preferred Stocks Today

Here is the list of the the Floating-Rate preferreds.  We have done all the legwork, therefore saving you time and making the selection process faster. Consequently the only task left for you is picking the right preferred.  Each day we update the data model with the latest information for each preferred. As a result, this table is always reflecting today’s highest yielding preferred.

For you, selecting the highest yielding preferred does not get easier. As with all of the tools, we provide in this site, the definition of the metrics “Table columns” is presented in a separate article Ranking Table Column Information.

Last Updated: Market Data 2024-Apr-22 20:06, Model Metrics 2024-Apr-22 20:34
SymbolCredit RatingFixed Rate BaseDividend AmountConverts ToOptional Conversion DateIssue Name
BCE-B BCE.PR.B CA05534B6952 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500BCE-A2027SEP01BCE_Inc._Series_AB__-_NSI
FFH-J FFH.PR.J CA3039018393 Pfd33MTH FLOATING + 2.85%$0.4860Fairfax_Financial_Holdings_Ltd.,_Series_J
FFH-H FFH.PR.H CA3039018542 Pfd33MTH FLOATING + 2.56%$0.4679Fairfax_Financial_Holdings_Ltd.,_Series_H
EMA-B EMA.PR.B CA2908764087 Pfd3H3MTH FLOATING + 1.84%$0.4229Cumulative_Floating_Rate_First_Preferred_Shares,_Series_B
FFH-F FFH.PR.F CA3039018708 Pfd33MTH FLOATING + 2.16%$0.4429Fairfax_Financial_Holdings_Ltd.,_Series_F
PWF-Q PWF.PR.Q CA73927C7614 Pfd2H3MTH FLOATING + 1.60%$0.4079Power_Financial_Corp.__Series_Q
SLF-J SLF.PR.J CA8667968736 Pfd2H3MTH FLOATING + 1.41%$0.3960Sun_Life_Financial,_Series_9QR
PWF-A PWF.PR.A CA73927C2094 Pfd2HFLOATING(70% OF PRIME RATE)$0.3150Power_Financial_Corp.__Series_A
MFC-P MFC.PR.P CA56501R8416 Pfd2H3MTH FLOATING + 1.41%$0.3960Manulife_Financial_Corp_Non-cumulative_Class_1_Shares,_Series_4
FTS-I FTS.PR.I CA3495538181 Pfd2L3MTH FLOATING + 1.45%$0.39853M_GoC_T-Bill_Yld_+1.45%
TRI-B TRI.PR.B CA8849033037 Pfd3HFLOATING(70% OF PRIME RATE)$0.3150Thomson_Reuters_Corp.,_Series_II
ENB-I ENB.PR.I CA29250N8400 Pfd3H3MTH FLOATING + 2.12%$0.4404Enbridge__Series_I,_Cumulative_Redeemable_Preference_Shares
FFH-D FFH.PR.D CA3039016074 Pfd33MTH FLOATING + 3.15%$0.5048Fairfax_Financial_Holdings_Ltd.,_Series_D
ALA-B ALA.PR.B CA0213613080 Pfd3H3MTH FLOATING + 2.66%$0.4741ALA-A2025SEP30AltaGas_Ltd._cumulative_redeemable_floating_rate_preferred_shares_Series_B
ENB-G ENB.PR.G CA29250N8576 Pfd3H3MTH FLOATING + 2.51%$0.4648Enbridge_Series_G_Cumulative_Redeemable_Preference_Shares
SLF-K SLF.PR.K CA8667968579 Pfd2H3MTH FLOATING + 2.17%$0.4435Sun_Life_Financial,_Series_11QR
CVE-B CVE.PR.B CA4480553011 Pfd3H3MTH FLOATING + 1.73%$0.4160Cenovus_Energy_Inc_Pref_Series_2
ALA-H ALA.PR.H CA0213618865 Pfd3H3MTH FLOATING + 3.06%$0.4991AltaGas_Ltd._4.75%_Series_H
BN.PF.K BN.PF.K CA11271J5944 Pfd2LFLOATING(50-100% 3MNT GOC) + 3.60%$0.2709Brookfield_Asset_Mgmt._Inc.,_Series_51
BPO-W BPO.PR.W CA1129007334 Pfd3LFLOATING(70% OF PRIME RATE)$0.3150Brookfield_Office_Properties_Inc_Series_W
BPO-X BPO.PR.X CA1129007417 Pfd3LFLOATING(70% OF PRIME RATE)$0.3150Brookfield_Office_Properties_Inc_Series_V
BPO-Y BPO.PR.Y CA1129007177 Pfd3LFLOATING(70% OF PRIME RATE)$0.3150Brookfield_Office_Properties_Inc_Series_Y
FN-B FN.PR.B CA33564P3016 Pfd33MTH FLOATING + 2.07%$0.4373First_National_Financial_Corp.,_Series_2
TRP-H TRP.PR.H CA87807B5036 Pfd2L3MTH FLOATING + 1.28%$0.3879TC_Energy-series_4
DC-D DC.PR.D CA2649018025 Pfd33MTH FLOATING + 4.10%$0.5641Dundee_Corp.,_Series_3
TA-E TA.PR.E CA89346D7505 Pfd3L3MTH FLOATING + 2.03%$0.4348TransAlta_Corp.,_Series_B
TRP-I TRP.PR.I CA87807B7016 Pfd2L3MTH FLOATING + 1.54%$0.4041TC_Energy-series_6
NPI-B NPI.PR.B CA6665115060 NR3MTH FLOATING + 2.80%$0.4829Northland_Power_Inc.,_Series_1
BRF-B BRF.PR.B CA11283Q3052 Pfd3H3MTH FLOATING + 2.62%$0.4716Brookfield_Renewable_Power_,_Series_2
TRP-F TRP.PR.F CA87807B3056 Pfd2L3MTH FLOATING + 1.92%$0.4279TC_Energy-series_2
BBD-B BBD.PR.B CA0977515075 NRFLOATING(>=50% OF PRIME RATE <=100%)$0.1500Bombardier_Inc.,_Series_2
BCE-N BCE.PR.N CA05534B6382 Pfd33MTH FLOATING + 2.09%$0.4385BCE-M2026MAR31BCE_Inc.,_Series_AN
BN-C BN.PR.C CA11271J3055 Pfd2LFLOATING(70% OF PRIME RATE)$0.3150Brookfield_Asset_Mgmt._Inc.,_Series_4
BN-K BN.PR.K CA11271J6025 Pfd2LFLOATING(70% OF PRIME RATE)$0.3150Brookfield_Asset_Mgmt._Inc.,_Series_13
BCE-L BCE.PR.L CA05534B6614 Pfd33MTH FLOATING + 1.88%$0.4254BCE-K2026DEC31BCE_Inc.,_Series_AL
BN-B BN.PR.B CA11271J2065 Pfd2LFLOATING(70% OF PRIME RATE)$0.3150Brookfield_Asset_Mgmt._Inc.,_Series_2
TA-G TA.PR.G CA89346D6770 Pfd3L3MTH FLOATING + 3.10%$0.5016TransAlta_Corp.,_Series_B
BCE-E BCE.PR.E CA05534B7521 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500TSE:BCE-FBCE_Inc._Series_AE__(formerly_Bell_Canada_-_Series_15)-_NSI
BCE-Y BCE.PR.Y CA05534B8511 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500BCE-Z2027DEC01BCE_Inc._Series_Y__-_NSI
BCE-H BCE.PR.H CA05534B7299 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500TSE:BCE-GBCE_Inc._Series_AH___(formerly_Bell_Canada_-_Series_18)_-_NSI
BCE-S BCE.PR.S CA05534B8693 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500BCE-T2026NOV01BCE_Inc._Series_S__-_NSI
BCE-D BCE.PR.D CA05534B6879 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500BCE-C2028MAR01BCE_Inc._Series_AD__-_NSI
BCE-J BCE.PR.J CA05534B6531 Pfd3FLOATING(>=80% OF PRIME RATE <=100%)$0.4500TSE:BCE-IBCE_Inc._Series_AJ__-_NSI

Canadian Preferred Shares – Mission

Our mission is to provide the average investor with the knowledge, up to date information, latest trends, data and tools to select the best preferreds to purchase or sell today.

Without tools like the ones we provide here, its simply not possible to make an educated decision, thus keeping most individual investors away. Our tools provide an overall view, of the preferreds market. With a few clicks you can easily locate today’s best preferreds within a sector/category or across the whole market.

Using our homepage as a starting point you can access all of our tools.