Rank Perpetuals With Credit Score Pfd-2

 

Use this tool to Rank Perpetuals With Credit Score Pfd-2. The tool allows you to compare all Canadian perpetual preferred shares from issuers with credit rating of Pfd-2. The set includes perpetuals from all sectors. The only filter here is the credit rating of the issuer and the issue type. 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-2, Pfd-2High and Pfd-2Low from the credit rating agencies are used to indicate a rating of Upper-medium grade which comes with moderate credit risk.  There is substantial protection of dividend and principal, but earnings, balance sheet and coverage ratios are not as strong as Pfd-1 rated companies. Generally, Pfd-2 ratings correspond with companies whose senior bonds are rated in the “A” category.  Pfd-2 represents the middle credit rating in this category.

 

Rank Perpetuals With Credit Score Pfd-2 process

The companies you see here are large, established Canadian financial institutions, such as banks and insurance companies. Any issues here are good investments for investors seeking stability and low risk while at the same time receiving a good dividend.

 

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.
     

    Perpetuals With Credit Rating Pfd-2

    The following metrics are now only available on the premium version of this tool:


    1. Reset Date. The date of the upcoming reset for this issue. During the reset the new dividend will be determined by the issuer as outlined in the prospectus.
    2. Reset (Yield | Dividend).
    3. Blended (Yield | Dividend).
    4. Rate Increase Percent.
    5. Rate Increase To Value. This reflects the effect or the current price on the issue rate of the preferred. Here you see the percent increase/decrease of the new rate due to its drop or rise of its share value
    6. New Spread increase.
    7. New Spread Value.
    8. Short Position.
    9. Additional Features. A set of codes for additional features of the preferred share
    10. Years To Double Initial Investment.
    11. Outstanding float.
    12. Market Cap In Bilions. The company Market Cap.
    13. Common Stock P/E Ratio.
    14. Common Stock P/B Ratio.
    15. Common Stock Yield.
    Last Updated: Market Data Feb-25 18:34, Model Metrics Feb-25 18:59
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Name
    POW-C POW.PR.C CA7392398797 $25.55$25.87$17.82perpetual @ 5.80%05.68% $1.4500Power_Corp_of_Canada_5.80%,_Series_C
    POW-G POW.PR.G CA7392398532 $25.35$25.67$16.98perpetual @ 5.60%05.52% $1.4000Power_Corp_of_Canada_5.60%,_Series_G
    POW-A POW.PR.A CA7392398870 $25.59$25.90$16.94perpetual @ 5.60%05.47% $1.4000Power_Corp_of_Canada_5.60%,_Series_A
    POW-B POW.PR.B CA7392398045 $25.21$25.74$15.57perpetual @ 5.35%05.32% $1.3400Power_Corp_of_Canada_5.35%,_Series_B
    IFC-F IFC.PR.F CA45823T8822 $25.71$26.23$16.50perpetual @ 5.30%05.17% $1.3300Intact_Financial_Corp._5.30%,_Series_6
    IFC-E IFC.PR.E CA45823T8095 $25.41$26.39$15.92perpetual @ 5.20%05.12% $1.3000Intact_Financial_Corp._5.20%,_Series_5
    IFC-I IFC.PR.I CA45823T8582 $26.39$28.40$17.74perpetual @ 5.40%05.12% $1.3500Non-Cumulative_Class_A_Shares,_Series_9
    POW-D POW.PR.D CA7392398615 $25.31$25.50$15.01perpetual @ 5.00%04.94% $1.2500Power_Corp_of_Canada_5.00%,_Series_D
    SLF-B SLF.PR.B CA8667963034 $25.11$25.55$15.75perpetual @ 4.80%04.78% $1.2000Sun_Life_Financial_Inc._4.80%,_Series_2
    SLF-A SLF.PR.A CA8667962044 $25.07$25.41$15.50perpetual @ 4.75%04.75% $1.1900Sun_Life_Financial_Inc._4.75%,_Series_1
    MFC-B MFC.PR.B CA56501R4035 $24.61$25.32$14.85perpetual @ 4.65%04.73% $1.1640Manulife_Financial_Corp_4.65%_Non-cumulative_Class_A_Shares,_Series_2
    MFC-C MFC.PR.C CA56501R5024 $24.21$25.22$13.90perpetual @ 4.50%04.67% $1.1300Manulife_Financial_Corp._4.50%,_Series_3
    SLF-E SLF.PR.E CA8667966003 $24.74$25.11$14.49perpetual @ 4.50%04.57% $1.1300Sun_Life_Financial_Inc._4.50%,_Series_5
    SLF-C SLF.PR.C CA8667964024 $24.55$24.96$14.25perpetual @ 4.45%04.52% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_3
    SLF-D SLF.PR.D CA8667965013 $24.54$24.95$14.20perpetual @ 4.45%04.52% $1.1100Sun_Life_Financial_Inc._4.45%,_Series_4
     
     

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    Last Updated: Market Data Feb-25 18:34, Model Metrics Feb-25 18:59
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Rate Increase percentRate Increase 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
    POW-C POW.PR.C CA7392398797 $25.55$25.87$17.82perpetual @ 5.80%05.68% $1.4500-2%5.68%N/AN/A70,177N/A12.5412.2719.1 B1.605.79%0.00%6,000,000Power_Corp_of_Canada_5.80%,_Series_C
    POW-G POW.PR.G CA7392398532 $25.35$25.67$16.98perpetual @ 5.60%05.52% $1.4000-1%5.52%N/AN/A7,357N/A12.9012.2719.1 B1.605.79%0.00%8,000,000Power_Corp_of_Canada_5.60%,_Series_G
    POW-A POW.PR.A CA7392398870 $25.59$25.90$16.94perpetual @ 5.60%05.47% $1.4000-2%5.47%N/AN/A63,434N/A13.0212.2719.1 B1.605.79%0.00%6,000,000Power_Corp_of_Canada_5.60%,_Series_A
    POW-B POW.PR.B CA7392398045 $25.21$25.74$15.57perpetual @ 5.35%05.32% $1.3400-0%5.31%N/AN/A56,632N/A13.3712.2719.1 B1.605.79%0.00%8,000,000Power_Corp_of_Canada_5.35%,_Series_B
    IFC-F IFC.PR.F CA45823T8822 $25.71$26.23$16.50perpetual @ 5.30%05.17% $1.3300-2%5.15%N/AN/A51,247Non-Cumulative13.7519.6620.5 B2.782.31%0.00%6,000,000Intact_Financial_Corp._5.30%,_Series_6