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Rarely do things surprise me. As an investor, it's my job to try to predict the future as best as possible.
However, I recently received a 31% dividend increase from one of my preferred shares. For four years, I had received the same great dividend payment, and then it increased.
I reviewed its prospectus and discovered it was a floating-rate preferred share that reset to a dividend payment of 3-month LIBOR plus 5.317%. In this case, my new dividend yield is 11%.
Floating rate preferred shares can help ensure you stay ahead of interest rates and inflation. They can be a fantastic addition to your income portfolio and Happy Cash Flow Retirement lifestyle. Good Luck!
Título : Floating Away: The Magic of Floating Rate Preferred Shares
EAN : 9798224515974
Editorial : Joshua King
El libro electrónico Floating Away: The Magic of Floating Rate Preferred Shares está en formato ePub
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