-
Fairfax Financial Holdings Limited Cumulative 5-Year Rate Reset Preferred Shares Series E (FFH.PR.E)
Q: I know I'm being lazy. However, can you help me to understand, when share prices are not too different ($17.80 vs $17.05), why would someone purchase the "E" series rather than the "F" series.
It seems to occur with a number of companies, a wide disparity on the dividend yields paid within their PR's sphere of series. Just interest rates at the time of origin or re-set dates?
It seems to occur with a number of companies, a wide disparity on the dividend yields paid within their PR's sphere of series. Just interest rates at the time of origin or re-set dates?
5i Research Answer:
Series E and F shares have different dividend payment amounts, so there will be differences....