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7 A-Rated Preferred Stocks For Yield Now

Published Thu, 20 Oct 2011 13:31:08 -0400 on Seeking Alpha

We chose 8 preferred stocks with ratings of at least A3 from Moody’s, or A- from S&P, and which are listed on the New York Stock Exchange. Just by chance, these companies are all operating in the financial sector as a mutual fund manager or in financial servic es. The question for each stock is: Does the yield follow the rating? GDL Fund, Series B Cumulative Puttable and Callable Preferred Shares (GDL.PB): According to its rating, (Aaa for Moody’s and AAA for S&P), investing in this fund is almost risk-free. Its preferred shareholders’ money is guaranteed by a great asset coverage ratio (232%), and the fund has shown solid performance. Its dividend yield is above 6%, so for a conservative investor, this is a good investment. Symbol Open High Low Close Net Chg %Chg Vol 52 Week High 52 Week Low Div Yield GDL Fund, Series B Cumul Puttable Callable... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
GABELLI GLOBAL GOLD NAT RES & INC TRUST 4.44   0.0 0.00 0.00 13.48
TORTOISE ENERGY INFRASTRUCTURE 20.77   0.0 0.00 2.62 12.48
GABELLI GLOBAL DEAL FUND 9.39   0.0 0.00 0.00 4.26
PRUDENTIAL 37.00   0.0 0.00 0.79 2.15
GENERAL AMERICAN INVESTORS 36.81   0.0 0.00 0.30 0.82

GABELLI GLOBAL GOLD NAT RES & INC TRUST - GGN
GABELLI GLOBAL GOLD NAT RES & INC TRUST - GGN  


Older articles featuring Gabelli Global Gold Nat Res & Inc Trust (GGN):
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
Gold Mining Stocks Broaden Their Appeal - With Dividends
BCX: A 7.8%-Yielding CEF With Diversified Exposure To Commodities
Closed-End Funds: 12 Funds In The 10%+ Yield Club At A Discount
The Fed's Decision May Yield A Surprise
Using BCX's 7+% Yield, To Hedge Against Inflation In Your Income Portfolio

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