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URL:  https://boards.fool.com/new-conservative-preferred-stock-34416395.aspx

Subject:  New conservative preferred stock Date:  2/20/2020  2:17 PM
Author:  martinmoth Number:  85562 of 87098

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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