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.
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.