RE:RE:Husky4000, Congrats on your Preferreds "A"A while back I mention that Preferreds heading towards the $25 redemption price, and be capped around there due to the risk of redemption.
I don't see any other significant reason why the "A"s continue to rocket up while the C,E,G....Lag, other than the $25 redemption risk... The A's had/have much more room to run.
But, still, even knowing this, I'm still surprised at the rate of climb for the A's.
Congrats, you're basically making about 16%+ in Dividend Yield on original investment PLUS almost 400% Capital Gain.....PLUS your Dividend Yield may go up over 20% on orginal investment when these reset.... As long as market does not crash.
All just my opinion/view/thinkig
ronaldco wrote: Why are they going up so much, the yield is down to 3%. The rate reset is only in March 2025. I paid $6.27 for those husky preferred in march 2020. Which I would've bought more than 2000 shares