{"id":12571,"date":"2010-10-15T00:02:17","date_gmt":"2010-10-15T04:02:17","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=12571"},"modified":"2010-10-15T00:02:17","modified_gmt":"2010-10-15T04:02:17","slug":"preferred-shares-play-caution","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=12571","title":{"rendered":"Preferred Shares: Play caution"},"content":{"rendered":"<p>I was recently interviewed for an article in Les Affaires, titled <a href=\"http:\/\/www.lesaffaires.com\/mes-finances\/placement\/actions-privilegiees--jouez-de-prudence\/518838\">Actions privil\u00e9gi\u00e9es : jouez de prudence<\/a> (translation below courtesy of Google):<\/p>\n<blockquote><p>Currently, they are perpetual preferred shares at fixed rates which offer the best performance. It averages 5.8%, says James Hymas, president of Hymas Investment Management. Adding the tax benefits of dividends, or by multiplying by 1.36, we obtain a bond yield of 7.89%.  &#8220;However, corporate bonds long term, quite similar to those shares, provide an average yield of 5.5%. The gap of 2.39 points, which is above the historical average,&#8221; says he said.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>I was recently interviewed for an article in Les Affaires, titled Actions privil\u00e9gi\u00e9es : jouez de prudence (translation below courtesy of Google): Currently, they are perpetual preferred shares at fixed rates which offer the best &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-12571","post","type-post","status-publish","format-standard","hentry","category-press-clippings"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/12571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12571"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/12571\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}