Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:RE:RE:Getting Ready to Buy more Preferreds... ~10% Yields !!!

[indoubtgetout]

NO, the preferreds do not yield 10% but certainly high yields none the less.   All of these preferred shares are "resets" and are based either on the yield of 5 year Govt of Canada 5 year bonds or Govt of Canada T-bills (if floating) plus their reset rate.   So, if interest rates stay low or go lower, so will these yields.   The dividend rate is based on the preferred share par price of $25.  

So, right now the preferred have a forecasted yield as such:

HSE.PR.A - 7.63%
C - 6.94%
E - 7.84%
G - 7.50%

The B's can be exchanged into the A's.