Preferred shares | Page 8 | General financial discussion | Discussion forum

Please consider registering

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —

— Match —

— Forum Options —

Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Preferred shares
September 24, 2020
5:57 am
Forum Posts: 363
Member Since:
March 30, 2017
sp_UserOfflineSmall Offline
141sp_Permalink sp_Print

picassocat said
Well, if you like dividends, you might look into these preferred shares

Bombardier Inc Pref Share BBD.PR.C
Forward Div Yield 16.95%

Bombardier Inc Pref Share BBD.PR.B
Forward Div Yield 9.07%  

very bad recommendation. I will avoid that name.

October 1, 2020
11:26 am
Forum Posts: 29
Member Since:
September 24, 2018
sp_UserOfflineSmall Offline
142sp_Permalink sp_Print

I sold a bit more of these... yes, you can wait to collect more dividends, but I believe they will continue to depreciate in value... The more I read on these, the more I believe that these instruments were created for gullable investors ( me included) !!!
Even at these prices, your paying to get appx 60c/year, but you will never get your principle back!!!
Companies at this point will simply buy on their shares on the open market if they wish, or wait till next year when they are worth even less...

No permission to create posts

Please write your comments in the forum.