RE:RE:RE:Wake Up Timeautofocus111 wrote: I've been sticking CAD$ into a TD HISA and USD$ into SGOV. Today bought Pembina preferred shares PPL.PF.A.TO for a YOC of ~8.3% good for the next 4 years and a minimum guaranteed yield of ~6.4% at the next reset.
How do you get the minimum 6.4% after the next reset? There is no minimum dividend on this series, only 2.47% plus the 5 year bond rate.