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Industry Discussions / Real Estate Inv. Trusts: REITs

URL:  https://boards.fool.com/a-problem-for-me-is-that-this-preferred-like-all-34421659.aspx

Subject:  Re: TLT vs WFC.PR.L Date:  2/27/2020  11:46 AM
Author:  robfinkii Number:  85590 of 86212

A problem for me is that this preferred, like all bank preferreds, is not cumulative. I certainly do not expect them to ever miss a dividend, but it could happen, just as the forced conversion could happen.
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