My Preference for Preferred Stocks
by Jeffrey R. Kosnett, Senior Editor, Kiplinger's Personal Finance
May 09, 2019
2 minutes
Preferred stocks may sound like humdrum investments, but the category's performance has been anything but, with year-to-date total returns of about 7.5%. In March, 15 new offerings totaling nearly $3 billion appeared, four times the usual monthly quota. That's good news for anyone looking for fully liquid investments that pay a significant yield premium over Treasuries, bank deposits and most dividend-paying common stocks. Preferred
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