preferred shares: We’re still in an environment where investors are seeking yield and they are creeping up the risk curve to get that yield, Jang said in an interview from Vancouver, according to The Toronto Star. A lot of them have gone into the high-yield space to get that. Ben Jang, a portfolio manager at Nicola Wealth Management, said those who are looking for quality names and high yield may want to consider preferred shares. Preferred shares give you the opportunity to get high yield with higher quality names now. In the event a company goes bankrupt, preferred shareholders have a right to be paid company assets first. Preferred shares are company stock with dividends that are paid to shareholders before common stock dividends are paid out.
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