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For those of you income oriented folks, I came across this stock and would like to get the Foolish opinions. In other word, what do y'all think- ANY and ALL pros and cons are welcome. The symble is ME_pa. I know this probably means that it's a "prefered" stock. But, not only the yield is decent, it pays monthly to boot! The chart looks impressive too, for the catagory. I used:
http://chart.yahoo.com/t and changed the date parameters to cover the last 4 years, and that's how I learned that it pays out monthly- with some unexpected bonuses occasionally. Anyway, just thought I'd get some 2nd., 3rd., etc. opinions. Thanks.
Eddie
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---The symble is ME_pa. I know this probably means that it's a "prefered" stock. But, not only the yield is decent, it pays monthly to boot! ---

It probably has a call at 25. It is currently selling at 25 1/8.
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>>It probably has a call at 25. It is currently selling at 25 1/8. <<

I doubt it - judging by it's low being 24 1/2, currently at 24 7/8.
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