SA Authors are writing about these Preferred Stocks & ETD Securities

Summary

  • Seeking Alpha authors often write articles on Preferred Stocks and ETD securities.
  • This week there were several articles written that provide excellent analysis on 14 preferred stocks and 1 ETD (baby bond).
  • Introducing 11 articles and the “I Prefer Income” database table of key info and metrics.

This article was written by Richard Hill / I Prefer Income

We are fortunate that there are articles written each week about preferred stocks and ETD securities from Seeking Alpha authors. There are so many securities in the marketplace that it is difficult to track and analyze them on a timely basis. Even though the “I Prefer Income website and database programs” provides a wealth of information about preferred stocks and other asset groups, it is great to have analysts write in-depth articles about companies and stocks that we might be interested in. Not only does it keep us informed, but it also helps us to learn how others analyze companies. One good thing about investing is that we can never learn enough.

With that said, if there are enough articles written during the week, I will recognize those articles and provide a link to the article with some key information from the IPI database that will allow the reader to review the stock in question. Table 1 displays the articles written, including the parent company, the issue, the author, the title and link to the article. Table 2 includes information and a few of the key metrics taken from the I Prefer Income database.

Authors and Articles

Click on the article title to access the article. Keep in mind that Seeking Alpha only keeps these articles available for 10 days.

Parent Issue Author Title with Link
AFIN AFINP Rida Morwa Interest Rate Cuts: One Of The Best Times To Load Up On High Dividend Stocks
CFG CFG-E Arbitrage Trader Citizens Financial Group: A 5.00% Preferred Stock IPO, But I Will Offer You A Better One
CIM All Colorado Wealth Mgmt Nothing Special From Chimera’s Preferred Shares
EFC EFC-A Arbitrage Trader Ellington Financial Inc.: One More 6.75% Fixed-To-Floating Preferred Stock IPO
ESGR ESGRO Arbitrage Trader Enstar Group Series E: 6.50% Yield From The Most Undervalued Qualified Preferred Stock At The Moment
FDUS FDUSG Arbitrage Trader Fidus Investment Corporation: A 5.375% Baby Bond IPO
NGL NGL-B, NGL-C Brant Munro CFO NGL Energy: A Juicy 9%+ Yield On Preferred And 14% On Common
NRZ NRZ-B Cash Flow Kingdom New Residential’s 13% Dividend Yield Makes It A Buy
NYMT NYMTM Arbitrage Trader New York Mortgage Trust: Another mREIT’s Preferred Stock IPO Yielding 8%
PEI PEI-B, PEI-D Rida Morwa Interest Rate Cuts: One Of The Best Times To Load Up On High Dividend Stocks
PSA PSA-I Kraken Avoid Public Storage’s New Preferred

(Table 1)

Preferred Stocks & ETD Securities

The following table includes key info and metrics on each parent company and each issue discussed in the articles

Preferred Stocks

(Table 2. Source, I Prefer Income)

To read the table properly, the parent company is in the top row with grey background. Each of the preferred stock issues are located directly underneath the parent row. All metrics are on the parent as they are responsible for the preferred stock. However, the credit ratings are on the preferred stock. The securities are grouped into 5 important financial areas: Earnings, Payout Ratios, Debt Ratios, Dividend Metrics and Credit Ratings. These metrics are highlighted with different colors and provide a great first review of the issues and lays the foundation for further analysis. Please note that there are 15 issues in the table. 12 are traditional cumulative preferred stocks, 2 are num-cumulative preferred stocks and 1 is an ETD or Baby Bond.

Thanks for reading. I hope you take this opportunity to login and check out the 4 programs we have, including Preferred & ETD Securities, REITs, Dividend Diamonds 25+, and the MLP / Midstream program. If you are not a member, please consider joining. There are many benefits and membership is FREE. Here are 4 links that are available.

The I Prefer Income! Website: Click Here

Register for FREE Membership: Click Here

If you are a member, login to IPI Database: Click Here

Basic video on the Preferred / ETD Program: Click Here

Thanks for reading.

Disclosure. I own preferred shares from PEI, NYMT, NRZ, NGL, CIM, AFIN

Rich Hill

I Prefer Income!