Top 10 Most Active Preferred Stocks:

 Frontier Communications Corp 11.125% Cumulative Convertible Series A (FTRPR)
 Energy Transfer Partners LP 7.375% Cumulative Series C (ETPpC)
 Citigroup Capital XIII 8.72866% Cumulative Floater (CpN)
 Becton Dickinson and Co 6.125% Cumulative Convertible Series A (BDXA)
 NextEra Energy Inc 6.123% Convertible (NEEpR)
 Allstate Corp/The 5.625% Non-Cumulative Series G (ALLpG)
 NextEra Energy Inc 6.371% Convertible (NEEpQ)
 Hess Corp 8% Convertible (HESpA)
 Enbridge Inc 6.375% Series B (ENBA)
 AT&T Inc 5.35% (TBB)

Most recent new issues:

2018-04-23- Sutherland Asset Management Corp 6.5% (SLDD)
2018-04-23- Hercules Capital Inc 5.25% (HCXZ)
2018-04-19- South Jersey Industries Inc 7.25% Cumulative Convertible (SJIU)
2018-04-18- Energy Transfer Partners LP 7.375% Cumulative Series C (ETPpC)
2018-04-17- Eagle Point Credit Co Inc 6.6875% (ECCX)
2018-04-11- OFS Capital Corp 6.375% (OFSSL)
2018-04-05- Enbridge Inc 6.375% Series B (ENBA)
2018-04-04- Vistra Energy Corp 7% Convertible (DYNC)
2018-03-27- Canoe EIT Income Fund 4.8% Cumulative Series 2 (EIT.PR.B)
2018-03-26- Allstate Corp/The 5.625% Non-Cumulative Series G (ALLpG)

Preferred Market Historical Performance

Types of preferred stocks:

  • Convertible preferred stock is a type of preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date. Most convertible preferred stock is exchanged at the request of the shareholder, but sometimes there is a provision that allows the company, or issuer, to force conversion. The value of convertible common stock is ultimately based on the performance, or lack thereof, of the common stock. Click here for a list of convertible prefrred stocks
  • Floating Preferred Stocks pay a dividend that varies from payment to payment usually in response to some interest rate or a benchmark. Floaters may also be backed by mortgages or mortgage-backed securities. Floating preferred stocks can actually rise in price in response to rising interest rates as future dividends will be higher. Conversely, floaters can drop in price if interest rates unexpectedly decline. Click here for a list of floating preferred stocks
  • Fixed Maturity Preferred Stocks have a predetermined date upon which they mature, usually at par value. This type of preferred stock can also be callable by the issuer, prior to the maturity date. Click here for a list of fixed maturity preferred stocks
  • Largest Preferred Share Issuers:

     Multibank Inc
     Bank of America Corp
     Wells Fargo & Co
     Enbridge Inc
     HSBC Holdings PLC
     JPMorgan Chase & Co
     Royal Bank of Canada
     BCE Inc
     Goldman Sachs Group Inc/The
     Morgan Stanley
     Toronto-Dominion Bank/The
     Qwest Corp
     Brookfield Asset Management Inc
     Citigroup Inc
     TransCanada Corp
     Public Storage
     Manulife Financial Corp
     Bank of Montreal
     Capital One Financial Corp
     US Bancorp
     BB&T Corp
     Bank of Nova Scotia/The
     Power Financial Corp
     Allstate Corp/The