Post by
CrazyTrader on Apr 02, 2024 10:32pm
XYZ company has Prefer Shares A and T....
A's share price is $1, and it's current dividend yield is 8%. It's projected Reset yield at the end of this year is 15%.
T's share price is $100, and it's current dividend yield is 12%.
I have $100 to invest. That mean I can buy 1 "T" share.... and 1 "A" share.... Right !!!???? LOL
What a Critial Mistake....
Comment by
CrazyTrader on Apr 02, 2024 10:41pm
Let's compare the dividends.... T's is 12%, so that's $12 dividends in one year A's is 8%, so that's $0.08 divdends in one year WOW!!!!! The T's are such a better buy than the A's !!!!! LOL What a basic mistake.