TSX:HSE.PR.B - Post by User
Post by
zalmonellaon Oct 31, 2020 12:59am
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Post# 31817988
Likes the Preferreds
Likes the Preferreds
Interesting writer likes the preferreds, particularly the A series, but for different reasons than I do. Nonetheless, he sees am 8% yield after reset next March which is where my thinking leads me too. Only difference is I stick my neck out and say that means a market price of $12. So I'm in
https://seekingalpha.com/article/4382065-husky-preferred-shares-offer-attractive-yield-upside-from-merger?utm_medium=email&utm_source=seeking_alpha&mail_subject=energy-transfer-drops-the-dividend-bombshell&utm_campaign=nl-investing-income&utm_content=link-18
The merger diverisifies the business a bit more and adds more equity to the entity, so what's not to like?