After long-term yields peaked in 2023, preferreds rebounded strongly, only for some high-coupon issues to be redeemed soon after. Investors chasing yield should pay attention to the yield-to-call (YTC ...
FTAI Series C Preferred Stock was issued in March 2021 with a par value of $25, generating an annual dividend of $2.0625 paid quarterly. Currently, the stock is trading at $25.43, bringing the ...