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It's not the sexiest thing going, but preferred stock, which typically yields between 6% and 9%, can play a beneficial role in income investors' portfolios. As long as those investors know exactly ...
In trading on Friday, shares of AT&T Inc's 4.75% Depositary Shares Perpetual Preferred Stock, Series C (Symbol: T.PRC) were yielding above the 6.5% mark based on its quarterly dividend (annualized ...
Preferred stock is frequently misunderstood and overlooked. As the name suggests, preferreds are equities, but they also have characteristics of bonds. Currently, they offer higher yields than ...