Rank Perpetuals With Credit Score Pfd-2L
Use this tool to Rank Perpetuals With Credit Score Pfd-2L. The tool allows you to compare all perpetual shares from issuers with credit rating of Pfd-2L. The set includes all perpetual preferreds from all sectors. 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-2L represents the lowest credit rating in this category.
Rank Perpetuals With Credit Score Pfd-2L 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.
Shares With Credit Rating Pfd-2L
The following metrics are now only available on the premium version of this tool:
- Reset Date.
- 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.
- Blended (Yield | Dividend).
- Rate Change Percent.
- Rate Change To Value.
- New Spread Change. 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
- New Spread Value.
- Short Position.
- Additional Features.
- Years To Double Initial Investment. How many years will it take for the initial investment to double.
- Outstanding float.
- Market Cap In Bilions.
- Common Stock P/E Ratio.
- Common Stock P/B Ratio.
- Common Stock Yield.
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
Symbol | Price | 52W High | 52W Low | Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price | Current (Yield Dividend) | Pay Div Date | Ex Div Date | Rate Change percent | Rate Change to value | Short Position | Additional Features | Years To Double Initial Investment | P/E Ratio | Market Cap In Billions | P/B Ratio | Common Stock Yield | Projected Common Stock Yield | Outstanding Float | Name |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BN.PF.D BN.PF.D CA11271J7437 | $19.58 | $20.34 | $16.05 | PERPETUAL @ 4.90% | 06.25% $1.2240 | 2024-12-31 | 2024-12-13 | 027% | 6.26% | 74,194 | Cumulative | 11.43 | 51.37 | 25.1 B | 8.23 | 1.27% | 0.00% | 7,830,091 | Brookfield_Asset_Management_Inc._4.90%,_Series_37 |
POW-G POW.PR.G CA7392398532 | $22.38 | $23.70 | $19.60 | PERPETUAL @ 5.60% | 06.25% $1.4000 | 2025-01-15 | 2024-12-23 | 011% | 6.26% | 10,500 | Non-Cumulative | 11.43 | 10.84 | 27.5 B | 1.29 | 3.86% | 0.00% | 8,000,000 | Power_Corp_of_Canada_5.60%,_Series_G |
BN-M BN.PR.M CA11271J7015 | $19.05 | $20.01 | $15.85 | PERPETUAL @ 4.75% | 06.23% $1.1880 | 2024-12-31 | 2024-12-13 | 031% | 6.23% | 86,508 | Cumulative | 11.46 | 51.37 | 25.1 B | 8.23 | 1.27% | 0.00% | 7,840,204 | Brookfield_Asset_Management_Inc._4.75%,_Series_17 |
BN-N BN.PR.N CA11271J8005 | $19.11 | $19.87 | $15.50 | PERPETUAL @ 4.75% | 06.21% $1.1880 | 2024-12-31 | 2024-12-13 | 030% | 6.21% | 19,697 | Cumulative | 11.50 | 51.37 | 25.1 B | 8.23 | 1.27% | 0.00% | 7,681,088 | Brookfield_Asset_Management_Inc._4.75%,_Series_18 |
POW-B POW.PR.B CA7392398045 | $21.58 | $22.71 | $18.80 | PERPETUAL @ 5.35% | 06.21% $1.3400 | 2025-01-15 | 2024-12-23 | 015% | 6.20% | 14,636 | Non-Cumulative | 11.50 | 10.84 | 27.5 B | 1.29 | 3.86% | 0.00% | 8,000,000 | Power_Corp_of_Canada_5.35%,_Series_B |