You weren’t the first one to come up with that investment idea, Buffett’s favourite number, and TSX stocks that have cut dividends

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 92%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

You weren’t the first one to come up with that investment idea, Buffett’s favourite number, and TSX stocks that have cut dividends GlobeInvestor

) for free daily and weekly newsletters, in-depth industry coverage and analysis, and access to ProStation - a powerful tool to help you manage your clients’’ portfolios.: The yields on preferred share exchange-traded funds look very appealing. The BMO Laddered Preferred Share Index ETF , for example, yields about 6.7 per cent, and the iShares S&P/TSX Canadian Preferred Shares Index ETF yields about 6.1 per cent. Do you think their dividends are sustainable?I’m skeptical.

We saw this the last time government bond yields went for a skid. ZPR, for example, was paying 5.3 cents a month in dividends at the start of 2014. By September of 2017, ZPR’s monthly payout had dropped to 3.5 cents – a 34-per-cent haircut.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman’s portfolio strategy for a rebounding economy, how to interpret the market’s conflicting signals, and Shopify’s COVID-19 surgeGoldman’s portfolio strategy for a rebounding economy, how to interpret the market’s conflicting signals, and Shopify’s COVID-19 surge GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »