Pref Resets -PPL.PF.A Here’s a thought for possibly some Capital Gains - looking out to one of the Pref Rate Reset time.....
PPL.PR.A Series 1 , currently trading $17.71 with a dividend yield today of somewhere around 6.93 % , paid quarterly
*December 2023 Rate Reset time at the Gov of Canada Fixed Rate Calculation Date Plus a Spread of 2.47%
Rate Reset on PPL.PF.A at higher rates or will PPL redeem @ $25 ?
With the trend of higher rates now than when issued , the prefs are looking attractive for both C/G and or income.
Any thoughts ?