Kinder Morgan Canada Limited cumulative redeemable min rate reset preferred shares Series 3 (KML.PR.C)

Kinder Morgan Canada Limited cumulative redeemable min rate reset preferred shares Series 3 (KML.PR.C)
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Kinder Morgan Canada Limited cumulative redeemable min rate reset preferred shares Series 3 (KML.PR.C)
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Q: Kinder Morgan's minimum reset preferred has a credit rating of 3H trades at a discount, pays 5.25% minimum dividend and if interest rates do a moon shot on reset day will pay 3.51% plus govn canada 5yr bond, why wouldn't this make a good income investment?
Do you know of a site for preferred info?

Read Answer Asked by Pat on August 12, 2019