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Subject: Re: TLT vs WFC.PR.L | Date: 2/27/2020 11:46 AM | |
Author: robfinkii | Number: 85590 of 87033 | |
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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