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https://boards.fool.com/new-conservative-preferred-stock-34416395.aspx
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| Subject: New conservative preferred stock | Date: 2/20/2020 2:17 PM | |
| Author: martinmoth | Number: 85562 of 87098 | |
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This is not a REIT Brookfield Renewable Energy Common Stock has been rising rapidly BEP doe not generate UBTI hence is appropriate for IRAs What interests me is a new preferred stock from BEP with current symbol BKFRF Its coupon is 5.25%, yield to call about 4.6% It is not callable until March 2025 I have been able to purchase it today at a price of 25.71 In my opinion for what is worth it is a worthy addition to the conservative end of one's portfolio. If it follows the pattern of other quality preferred stocks it will likely trade higher when it begins to trade under its permanent symbol BEP-A Martin https://innovativeincomeinvestor.com/brookfield-renewable-pa... |
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