Go Yield Hunting in These 3 Preferred Stocks

A hunt for high yields delivers surprising names

    View All  

Money Dividends 185I had some idle cash sitting around, and I decided I wanted to deploy it into an investment that would be relatively stable yet throw off a nice dividend.

These days, though, that eliminates just about everything … except preferred stocks.

Preferred stocks are an often overlooked asset, but these “bond-stock” hybrids are beloved by those in the know because of their high yields and relative stability.

While many investors can easily access these through exchange-traded funds and mutual funds, I also prefer to dabble in a few individual preferred stocks:

Article printed from InvestorPlace Media, http://investorplace.com/2013/09/treasure-hunt-preferred-stocks/.

©2016 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.