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:


    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 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
    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.
    (EST: UTC-05:00)Last Updated: Market Data 2024-Nov-08 16:46, Model Metrics 2024-Nov-09 16:34
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Name
    BN.PF.D BN.PF.D CA11271J7437 $19.58$20.34$16.05PERPETUAL @ 4.90%06.25% $1.2240Brookfield_Asset_Management_Inc._4.90%,_Series_37
    POW-G POW.PR.G CA7392398532 $22.38$23.70$19.60PERPETUAL @ 5.60%06.25% $1.4000Power_Corp_of_Canada_5.60%,_Series_G
    BN-M BN.PR.M CA11271J7015 $19.05$20.01$15.85PERPETUAL @ 4.75%06.23% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_17
    BN-N BN.PR.N CA11271J8005 $19.11$19.87$15.50PERPETUAL @ 4.75%06.21% $1.1880Brookfield_Asset_Management_Inc._4.75%,_Series_18
    POW-B POW.PR.B CA7392398045 $21.58$22.71$18.80PERPETUAL @ 5.35%06.21% $1.3400Power_Corp_of_Canada_5.35%,_Series_B
    BN.PF.C BN.PF.C CA11271J7502 $19.53$20.20$15.95PERPETUAL @ 4.85%06.20% $1.2120Brookfield_Asset_Management_Inc._4.85%,_Series_36
    POW-A POW.PR.A CA7392398870 $22.67$23.90$19.85PERPETUAL @ 5.60%06.17% $1.4000Power_Corp_of_Canada_5.60%,_Series_A
    POW-D POW.PR.D CA7392398615 $20.30$21.78$17.95PERPETUAL @ 5.00%06.16% $1.2500Power_Corp_of_Canada_5.00%,_Series_D
    POW-C POW.PR.C CA7392398797 $23.97$24.89$21.05PERPETUAL @ 5.80%06.05% $1.4500Power_Corp_of_Canada_5.80%,_Series_C
    FTS-J FTS.PR.J CA3495537928 $20.10$21.39$17.61PERPETUAL @ 4.75%05.92% $1.1900Fortis_Inc._4.75%,_Series_J
    FTS-F FTS.PR.F CA3495538678 $21.10$22.00$18.10PERPETUAL @ 4.90%05.83% $1.2300Fortis_Inc._4.90%,_Series_F
     
     

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    (EST: UTC-05:00)Last Updated: Market Data 2024-Nov-08 16:46, Model Metrics 2024-Nov-09 16:34
    SymbolPrice52W High52W Low
    Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
    Current (Yield Dividend)Pay Div DateEx Div DateRate Change percentRate Change to valueShort PositionAdditional FeaturesYears To Double Initial InvestmentP/E RatioMarket Cap In BillionsP/B RatioCommon Stock YieldProjected Common Stock YieldOutstanding FloatName
    BN.PF.D BN.PF.D CA11271J7437 $19.58$20.34$16.05PERPETUAL @ 4.90%06.25% $1.22402024-12-312024-12-13027%6.26%74,194 Cumulative11.4351.3725.1 B8.231.27%0.00%7,830,091Brookfield_Asset_Management_Inc._4.90%,_Series_37
    POW-G POW.PR.G CA7392398532 $22.38$23.70$19.60PERPETUAL @ 5.60%06.25% $1.40002025-01-152024-12-23011%6.26%10,500 Non-Cumulative11.4310.8427.5 B1.293.86%0.00%8,000,000Power_Corp_of_Canada_5.60%,_Series_G
    BN-M BN.PR.M CA11271J7015 $19.05$20.01$15.85PERPETUAL @ 4.75%06.23% $1.18802024-12-312024-12-13031%6.23%86,508 Cumulative11.4651.3725.1 B8.231.27%0.00%7,840,204Brookfield_Asset_Management_Inc._4.75%,_Series_17
    BN-N BN.PR.N CA11271J8005 $19.11$19.87$15.50PERPETUAL @ 4.75%06.21% $1.18802024-12-312024-12-13030%6.21%19,697 Cumulative11.5051.3725.1 B8.231.27%0.00%7,681,088Brookfield_Asset_Management_Inc._4.75%,_Series_18
    POW-B POW.PR.B CA7392398045 $21.58$22.71$18.80PERPETUAL @ 5.35%06.21% $1.34002025-01-152024-12-23015%6.20%14,636 Non-Cumulative11.5010.8427.5 B1.293.86%0.00%8,000,000Power_Corp_of_Canada_5.35%,_Series_B