Rank Perpetual Preferred Shares By Yield

Using these tables you can Rank Perpetual Preferred Shares By Yield.  The perpetuals included here are from all market sections, like BankingUtilitiesTelecom, etc. We present the information in an easy, to view and understand format. As a result you can pick the right share to purchase or sell. By default the table is sorted in order of Yield (you can change sort order by clicking on the column heading). Consequently have a choice on which yield to consider.  Current yield reflects what is currently paid till the issue resets.  

 

Compare Process – Rank Perpetual Preferred Shares By Yield

Each investor has a unique selection process. Consequently the same metric is viewed differently. That is to say, the weight assigned to the metric differs for each investor, thus resulting in a dissimilar selection.

  1. Some investors, looking for high yield over the next 5 years, will put more emphasis on the “Blended Yield” metric. As a result, the issue with the most dividend over the next 5 years is selected.
  2. More weight should be given to the “Credit Rating” metric, if you are looking for the highest credit worthy issues. That is to say, sacrificing some yield for security, is a good fit for the long term and “buy and hold” investors.
  3. Good value is indicated by the metric “Rate Increase Percent”.  This also highlights the stocks with the most room for capital gains, if rates start going up. A value investor may find this appealing.

Conclusion

We expect each investor, to review the various metrics, and make a determination on the totality of their values. While at the same time expressing their personal investing style. In other words we present you with the information and you make a choice you are comfortable with.

 

If you still need more information on how to use this table please see our how to YouTube video  or our post how to pick the best preferred share of a company.

 

Table to Rank Perpetual Preferred Shares By Yield

 

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 Change Percent.
  5. Rate Change 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 Jul-31 09:31, Model Metrics Jul-31 09:35
Credit RatingSymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
NRBBD-C BBD.PR.C CA0977517055 $17.50$17.93$6.76PERPETUAL @ 6.25%08.91% $1.5600Bombardier_Inc._6.25%,_Series_4
Pfd2HPWF-I PWF.PR.I CA73927C8455 $26.00$26.13$25.01PERPETUAL @ 6.00%05.77% $1.5000Power_Financial_Corp._6.00%,_Series_I
Pfd2HPWF-G PWF.PR.G CA73927C8786 $25.99$26.24$25.00PERPETUAL @ 5.90%05.69% $1.4800Power_Financial_Corp._5.90%,_Series_F
NRINE-C INE.PR.C CA45790B7088 $25.34$25.64$23.61PERPETUAL @ 5.75%05.68% $1.4400Innergex_Renewable_Power_Series_C_Perpetual
Pfd2HPWF-O PWF.PR.O CA73927C7879 $25.64$26.11$24.72PERPETUAL @ 5.80%05.66% $1.4500Power_Financial_Corp._5.80%,_Series_O
Pfd2POW-C POW.PR.C CA7392398797 $25.90$26.77$24.72PERPETUAL @ 5.80%05.60% $1.4500Power_Corp_of_Canada_5.80%,_Series_C
Pfd2HGWO-F GWO.PR.F CA39138C8097 $26.54$26.55$25.22PERPETUAL @ 5.90%05.58% $1.4800Great-West_Lifeco_Inc._5.90%,_Series_F
Pfd2HGWO-M GWO.PR.M CA39138C8170 $26.00$26.10$25.07PERPETUAL @ 5.80%05.58% $1.4500Great-West_Lifeco_Inc._5.80%,_Series_M
Pfd2HPWF-H PWF.PR.H CA73927C8604 $25.81$26.15$24.55PERPETUAL @ 5.75%05.58% $1.4400Power_Financial_Corp._5.75%,_Series_H
Pfd3HBEP-E BEP.PR.E BMG162581570 $25.20$25.62$22.75PERPETUAL @ 5.59%05.55% $1.3976Brookfield_Renewable_Partners_L.P._5.59%,_Series_5
Pfd3WN-A WN.PR.A CA9611488896 $26.20$26.49$25.40PERPETUAL @ 5.80%05.53% $1.4500George_Weston_Ltd._5.80%,_Series_I
Pfd2HGWO-L GWO.PR.L CA39138C8253 $25.80$25.96$24.85PERPETUAL @ 5.65%05.47% $1.4100Great-West_Lifeco_Inc._5.65%,_Series_L
Pfd2POW-A POW.PR.A CA7392398870 $25.61$26.06$24.52PERPETUAL @ 5.60%05.47% $1.4000Power_Corp_of_Canada_5.60%,_Series_A
Pfd2POW-G POW.PR.G CA7392398532 $25.75$26.26$24.41PERPETUAL @ 5.60%05.44% $1.4000Power_Corp_of_Canada_5.60%,_Series_G
NRELF-H ELF.PR.H CA26857Q5077 $25.52$25.57$24.20PERPETUAL @ 5.52%05.41% $1.3800E-L_Financial_Corp._5.50%,_Series_3
Pfd2HPWF-E PWF.PR.E CA73927C8034 $25.54$26.14$23.68PERPETUAL @ 5.50%05.40% $1.3800Power_Financial_Corp._5.50%,_Series_D
Pfd2HPWF-R PWF.PR.R CA73927C7531 $25.54$26.74$24.19PERPETUAL @ 5.50%05.40% $1.3800Power_Financial_Corp._5.50%,_Series_R
Pfd3HENB-A ENB.PR.A CA29250N2041 $25.67$25.83$23.43PERPETUAL @ 5.50%05.36% $1.3752Enbridge_Perpetual_5.50%_Cumulative_Redeemable_Preference_Shares,_Series_A
Pfd2POW-B POW.PR.B CA7392398045 $25.53$25.88$23.45PERPETUAL @ 5.35%05.25% $1.3400Power_Corp_of_Canada_5.35%,_Series_B
NRELF-F ELF.PR.F CA26857Q3098 $25.35$25.44$23.34PERPETUAL @ 5.32%05.25% $1.3300E-L_Financial_Corp._5.30%,_Series_1
Pfd2HGWO-P GWO.PR.P CA39138C7750 $25.74$26.09$24.15PERPETUAL @ 5.40%05.24% $1.3500Great-West_Lifeco_Inc._5.40%,_Series_P
Pfd2HPWF-F PWF.PR.F CA73927C8869 $25.42$26.15$22.61PERPETUAL @ 5.25%05.15% $1.3100Power_Financial_Corp._5.25%,_Series_E
Pfd3WN-C WN.PR.C CA9611488631 $25.49$25.69$24.08PERPETUAL @ 5.20%05.10% $1.3000George_Weston_Ltd._5.20%,_Series_III
Pfd3WN-D WN.PR.D CA9611488557 $25.48$25.75$24.20PERPETUAL @ 5.20%05.10% $1.3000George_Weston_Ltd._5.20%,_Series_IV
Pfd2HGWO-Q GWO.PR.Q CA39138C7677 $25.4126.1123.21PERPETUAL @ 5.15%05.08% $1.2900Great-West_Lifeco_Inc._5.15%,_Series_Q
Pfd3L-B L.PR.B CA5394817053 $26.19$27.99$24.60PERPETUAL @ 5.30%05.08% $1.3300Loblaw_Companies_Ltd._5.30%,_Series_B
Pfd2HGWO-G GWO.PR.G CA39138C8824 $25.72$25.94$23.52PERPETUAL @ 5.20%05.05% $1.3000Great-West_Lifeco_Inc._5.20%,_Series__G
Pfd2HPWF-L PWF.PR.L CA73927C8299 $25.35$25.60$22.00PERPETUAL @ 5.10%05.05% $1.2800Power_Financial_Corp._5.10%,_Series_L
Pfd2IFC-F IFC.PR.F CA45823T8822 $26.35$27.60$24.12PERPETUAL @ 5.30%05.05% $1.3300Intact_Financial_Corp._5.30%,_Series_6
Pfd2HCU-H CU.PR.H CA1367176346 $26.00$26.80$24.86PERPETUAL @ 5.25%05.04% $1.3100Canadian_Utilities_Ltd._5.25%,_Series_EE
Pfd2IFC-I IFC.PR.I CA45823T8582 $26.88$28.40$22.25PERPETUAL @ 5.40%05.02% $1.3500Non-Cumulative_Class_A_Shares,_Series_9
Pfd3HBRF-F BRF.PR.F CA11283Q7012 $25.00$25.25$20.41PERPETUAL @ 5.00%05.01% $1.2520Brookfield_Renewable_Power_Preferred_Equity_5.00%,_Series_6
Pfd2HGWO-S GWO.PR.S CA39138C7347 $26.2027.2423.76PERPETUAL @ 5.25%05.00% $1.3100Great-West_Lifeco_Inc._5.25%,_Series_S
Pfd3HBRF-E BRF.PR.E CA11283Q6022 $25.14$25.47$20.54PERPETUAL @ 5.00%04.98% $1.2520Brookfield_Renewable_Power_Preferred_Equity_5.00%,_Series_5
Pfd2HPWF-Z PWF.PR.Z CA73927C7127 $25.96$26.91$22.88PERPETUAL @ 5.15%04.97% $1.2900Power_Financial_Corp._5.15%,_Series_V
Pfd2LCCS-C CCS.PR.C CA1899064077 $25.21$25.49$22.50PERPETUAL @ 5.00%04.96% $1.2500Co-operators_General_Insurance_Co._5.00%,_Series_C
Pfd2HPWF-K PWF.PR.K CA73927C8372 $25.07$25.60$21.35PERPETUAL @ 4.95%04.95% $1.2400Power_Financial_Corp._4.95%,_Series_K
Pfd2IFC-E IFC.PR.E CA45823T8095 $26.25$27.24$24.10PERPETUAL @ 5.20%04.95% $1.3000Intact_Financial_Corp._5.20%,_Series_5
Pfd2HRY-P RY.PR.P CA78013K2882 $26.50$27.00$25.30PERPETUAL @ 5.25%04.94% $1.3100Royal_Bank_of_Canada_5.25%,_Series_BJ_-_NVC
Pfd2POW-D POW.PR.D CA7392398615 $25.35$26.02$22.06PERPETUAL @ 5.00%04.93% $1.2500Power_Corp_of_Canada_5.00%,_Series_D
Pfd2HGWO-T GWO.PR.T CA39138C7263 $26.4926.923.23PERPETUAL @ 5.15%04.87% $1.2900Great-West_Lifeco_Inc._5.15%,_Series_T
Pfd2HCU-D CU.PR.D CA1367176759 $25.35$25.75$23.40PERPETUAL @ 4.90%04.85% $1.2300Canadian_Utilities_Ltd._4.90%,_Series_AA
Pfd2HCU-E CU.PR.E CA1367176676 $25.44$25.56$23.16PERPETUAL @ 4.90%04.83% $1.2300Canadian_Utilities_Ltd._4.90%,_Series_BB
Pfd2LBAM.PF.D CA1125855678 $25.42$26.00$22.00PERPETUAL @ 4.90%04.82% $1.2240Brookfield_Asset_Management_Inc._4.90%,_Series_37
Pfd3HFTS-F FTS.PR.F CA3495538678 $25.50$26.51$23.57PERPETUAL @ 4.90%04.82% $1.2300Fortis_Inc._4.90%,_Series_F
Pfd2HGWO-H GWO.PR.H CA39138C8741 $25.20$25.60$21.29PERPETUAL @ 4.85%04.80% $1.2100Great-West_Lifeco_Inc._4.85%,_Series_H
Pfd2HGWO-R GWO.PR.R CA39138C7594 $25.1225.4821.8PERPETUAL @ 4.80%04.78% $1.2000Great-West_Lifeco_Inc._4.80%,_Series_R
Pfd2LBAM.PF.C CA1125855918 $25.46$25.85$21.60PERPETUAL @ 4.85%04.76% $1.2120Brookfield_Asset_Management_Inc._4.85%,_Series_36
Pfd2SLF-B SLF.PR.B CA8667963034 $25.28$25.60$22.96PERPETUAL @ 4.80%04.75% $1.2000Sun_Life_Financial_Inc._4.80%,_Series_2
NRELF-G ELF.PR.G CA26857Q4088 $25.05$25.11$21.56PERPETUAL @ 4.76%04.75% $1.1900E-L_Financial_Corp._4.75%,_Series_2
Pfd2HPWF-S PWF.PR.S CA73927C7465 $25.32$25.48$20.83PERPETUAL @ 4.80%04.74% $1.2000Power_Financial_Corp._4.80%,_Series_S
Pfd2LBAM-N BAM.PR.N CA1125858235 $25.07$25.60$21.15PERPETUAL @ 4.75%04.74% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_18
Pfd2LBAM-M BAM.PR.M CA1125858318 $25.10$25.60$21.17PERPETUAL @ 4.75%04.73% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_17
Pfd3WN-E WN.PR.E CA9611488482 $25.20$25.35$22.41PERPETUAL @ 4.75%04.72% $1.1900George_Weston_Ltd._4.75%,_Series_v
Pfd2HRY-N RY.PR.N CA78013J4550 $26.17$26.97$24.59PERPETUAL @ 4.90%04.70% $1.2300Royal_Bank_of_Canada_4.90%,_Series_BH_-_NVC
Pfd2SLF-A SLF.PR.A CA8667962044 $25.33$25.87$22.58PERPETUAL @ 4.75%04.70% $1.1900Sun_Life_Financial_Inc._4.75%,_Series_1
Pfd3HFTS-J FTS.PR.J CA3495537928 $25.35$25.46$22.20PERPETUAL @ 4.75%04.69% $1.1900Fortis_Inc._4.75%,_Series_J
Pfd2HRY-O RY.PR.O CA78013K6016 $26.26$26.55$24.48PERPETUAL @ 4.90%04.68% $1.2300Royal_Bank_of_Canada_4.90%,_Series_BI_-_NVC
Pfd2HCIU-A CIU.PR.A CA22944C2058 $24.83$25.04$21.56PERPETUAL @ 4.60%04.63% $1.1500CU_Inc_4.6%_Series_1
Pfd2MFC-B MFC.PR.B CA56501R4035 $25.28$25.45$21.65PERPETUAL @ 4.65%04.60% $1.1640Manulife_Financial_Corp_4.65%_Non-cumulative_Class_A_Shares,_Series_2
Pfd2HIAF-B IAF.PR.B CA4558713018 $25.20$25.49$21.55PERPETUAL @ 4.60%04.56% $1.15Industrial_Alliance_Insurance_&_Financial_4.60%,_Series_B
NREMA-E EMA.PR.E CA2908767056 $24.85$24.97$21.07PERPETUAL @ 4.50%04.55% $1.1300Cumulative_Emera_Inc._4.50%,_Series_E
Pfd2HGWO-I GWO.PR.I CA39138C8667 $25.07$25.15$20.51PERPETUAL @ 4.50%04.51% $1.1300Great-West_Lifeco_Inc._4.50%,_Series_I
Pfd2MFC-C MFC.PR.C CA56501R5024 $25.10$25.22$21.18PERPETUAL @ 4.50%04.50% $1.1300Manulife_Financial_Corp._4.50%,_Series_3
Pfd2SLF-E SLF.PR.E CA8667966003 $25.16$25.25$21.35PERPETUAL @ 4.50%04.49% $1.1300Sun_Life_Financial_Inc._4.50%,_Series_5
Pfd2HCU-G CU.PR.G CA1367176429 $25.24$25.25$21.56PERPETUAL @ 4.50%04.48% $1.1300Canadian_Utilities_Ltd._4.50%,_Series_DD
Pfd2HCU-F CU.PR.F CA1367176593 $25.45$25.45$21.82PERPETUAL @ 4.50%04.44% $1.1300Canadian_Utilities_Ltd._4.50%,_Series_CC
Pfd2SLF-C SLF.PR.C CA8667964024 $25.08$25.25$21.10PERPETUAL @ 4.45%04.43% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_3
Pfd2SLF-D SLF.PR.D CA8667965013 $25.14$25.20$21.08PERPETUAL @ 4.45%04.42% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_4
 
 

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Last Updated: Market Data Jul-31 09:31, Model Metrics Jul-31 09:35
Credit RatingSymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Rate Change percentRate Change 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
NRBBD-C BBD.PR.C CA0977517055 $17.50$17.93$6.76PERPETUAL @ 6.25%08.91% $1.5600042%8.93%N/AN/A15,041 Cumulative8.1170.773.71 B-0.3500.00%0.00%9,400,000Bombardier_Inc._6.25%,_Series_4
Pfd2HPWF-I PWF.PR.I CA73927C8455 $26.00$26.13$25.01PERPETUAL @ 6.00%05.77% $1.5000-3%5.77%N/AN/A2,498 Non-Cumulative12.35     8,000,000Power_Financial_Corp._6.00%,_Series_I