Q: I hold the common shares of BK & PVD the split product issued by Quadravest and have been happy for about 12 years even when they suspended pay out for a while.
I would like to know your take on their preferreds. BK.PR.A & PVD.PR.A as to their distribution safety compared to their underlining assets ( banks and insurance companies). Would you advise holding or buy some of the preferred or would see holding a bank ETF as better. Your overall view of the above would be appreciated.
Thanks
Yossi
I would like to know your take on their preferreds. BK.PR.A & PVD.PR.A as to their distribution safety compared to their underlining assets ( banks and insurance companies). Would you advise holding or buy some of the preferred or would see holding a bank ETF as better. Your overall view of the above would be appreciated.
Thanks
Yossi