2 Preferreds That Offer Upside Potential And Decent Yield – New Seeking Alpha Post

I have been enjoying having a little more time to look at individual stocks and securities lately. Writing about them helps me think a little bit clearer, and go into more detail. Here is another article I wrote for Seeking Alpha on a couple of preferred shares from DowDuPont (Ticker: DWDP) that are unique:

Background Information

For this article I’m looking at two series of DuPont (now merged as DowDupont) (DWDP) preferreds that still trade and were unaffected by the recent merger between Dow and DuPont:

A-Series Preferreds “$3.50 Series”

  • Current Price: $92.67
  • Current Dividend: $3.50 per year, or $0.875 paid quarterly.
  • Current Yield: 3.73%
  • Callable at: $102
  • Discount to Call Price: 10%

B-Series Preferreds “$4.50 Series”

  • Current Price: $106.23
  • Current Dividend: $4.50 per year, $1.125 paid quarterly.
  • Current Yield: 4.24%
  • Callable at: $120
  • Discount to Call Price: 13%

Both issues are elligable to be called at any date.

Why Now? – The Catalyst

 

You can see the rest of the article on Seeking Alpha, here: https://seekingalpha.com/article/4133668-2-dowdupont-preferreds-offer-upside-potential-decent-yield

 

Want to learn more? Here are a few of our previous articles as a couple places to start:

Preferred Shares – What Are Preferred Shares?

Fund Spotlight Series: Preferred Share ETFs

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Categories: Investing and Retirement

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