Rank Empire Life Insurance Preferreds

This compare tool allows you to Rank Empire Life Insurance Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Empire Life Insurance preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Empire Life Insurance Brief Overview

Visit the Empire Life Insurance company website to see the preferred share prospectus, news and other information.

Sector: Life and Health Insurance company.
Core businesses and operations:

  1. The company provides individual life, health and investment products as well as group life and health products through independent distribution partners including financial advisors, management general agents, national account firms and employee benefit producers. Empire Life is the parent company of Empire Life Investments Inc
  2. one of the top 10 life insurance companies in Canada

The latest information and statistics on their common stock EML, can be easily accessed using websites like TMX Money.

Dividend Payment Schedule: 2021JAN17 , 2021APR17 , 2021JUL17 , 2021OCT17

Next Ex-Dividend Date: 2021MAR15. Ex Dividend Date Schedule: 2021DEC17 , 2021MAR15 , 2021JUN14 , 2021SEP16

 

Empire Life Insurance Credit Rating

The latest credit rating for Empire Life Insurance are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
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Rank Empire Life Insurance Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


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 19:42
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
EML-A EML.PR.A CA2918392077 $25.28$25.82$16.045yr + 4.99%05.70% $1.4400Empire Life Insurance Company 5.75%, Series 1
 
 

Here is a Limited Version of the Premium - Compare Tool.

A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:42
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 InvestmentOutstanding FloatName
EML-A EML.PR.A CA2918392077 $25.28$25.82$16.045yr + 4.99%05.70% $1.440005.74% | $1.452005.74% $1.45 0@cy+20@ry2021apr17-1%5.75%-1%4.93%9,344Non-Cumulative12.505,980,000Empire Life Insurance Company 5.75%, Series 1
Rank Empire Life Insurance Preferreds - www.canadianpreferredshares.ca

Additional Information

Continue to Rank Empire Life Preferreds – Page 2 of 3 where you can find:

  1. What if “Yield Scenarios” for Empire Life 5 year resets.
  2. Graph of all Empire Life preferred share yields
  3. Prospectus Information for each Empire Life preferred