This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Investing With Preferred Stocks And Safe Income Options
A reader asks about long held utility preferreds and their lack of maturity while prices fell with rising rates. The column explains that preferreds are permanent capital until redeemed and that price declines reflect rate moves, not safety. It also notes discount preferreds with solid yields and lists several issues and their dividends.
MENTIONED IN THIS ARTICLE
Wayne Hummer and Co
Baltimore Gas and Electric
Gulf States
Central Illinois Light
Cincinnati Gas and Electric
Ohio Edison
Pennsylvania Power and Light
Public Service Electric and Gas
Standard and Poor
Treasury