Q: Thank you for your answer the other day with respect to these pref shares. Could you outline what may happen to the price of the shares depending on the reset rates. For example could the price fall to maintain a certain yield? Thanks again
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: These shares have an attractive yield. Could you please shed some more light on them. Considering for non reg account. When do they reset? At what rate? If reset today, what would rate be? Thanks
Q: Can I have your opinion fortes preferred rate reset for registered account something for income RIFF ACCOUNT
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Canadian Utilities Limited cumulative redeemable second preferred shares series DD (CU.PR.G)
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Fortis Inc. Cumulative Redeemable 5-Year Fixed Rate Reset 1st Preference Series G (FTS.PR.G)
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Bank of Montreal 5-Year Rate Reset Class B Preferred Shares Series 29 (BMO.PR.T)
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TC Energy Corporation cumulative redeemable first preferred shares series 7 (TRP.PR.D)
Q: Which of the above funds are reset preferred? When do they reset and what would the dividend look like at that time? What is their present dividend. Could you also tell me about the ones that are not reset preferred? What are they and what is their dividend? Need information as not sure whether to sell with interest rates decreasing. Would I do better holding the common shares? Thanks for providing this service.