TSX:AX.PR.E - Post by User
Comment by
rad10on Dec 01, 2023 3:29pm
68 Views
Post# 35764219
RE:Added AX pref E today
RE:Added AX pref E today
InvestSmarter wrote: Not showing on the daily volume. But added a bunch at 15.89-15.92. Pref E roughly $1.80 annually. Thats over 11% at this price. I can bet my britches AX wants to buy those back at that yield. Quarterly payment at the end of this month.
Canada 10YR 3.50%. Spread is insane for investment grade prefs.
mine was the purchase earlier this week. So illiquid almost caught napping when the limit bid filled.