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Juicy Yields On Goldman Preferred Issues
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Published Thu, 17 May 2012 12:48:41 -0400 on Seeking Alpha
Goldman Sachs: Common vs. Preferred Stock
If you like Goldman Sachs (GS) but find the common stock too volatile, then consider its preferred stocks. They have four different issues that trade on the New York Stock Exchange. Depending on the platform used the symbol for the Series A might be GS/PRA, GS+A, GSpA or some other variation. They are all thinly traded, so limit orders would be recommended. The preferred issues trade at yields above the 30-year treasury yield. Could it be that preferred and fixed income holders decided they needed increased yields to compensate for the increased risks? Here are the four preferred issues: GS Series A: Currently pays a $0.9375 annual dividend for a current yield of 4.98%. The stock is at $18.84 and is callable at $25.00. Dividend rate calculation: 3 month LIBOR + 0.75% with a 3.75% floor. Earliest redemption date is April 25, 2010. Redemption... Read moreStock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield GOLDMAN SACHS 
US38141G1040 158.18 10.6 14.53 2.00 1.26