Added New Section for Utility Preferred Stocks
By: Tim McPartland,
As has been requested by a number of readers we have a section that is Preferred Stocks of Utilities. This is actually a fairly short list as we cover just $20/share and $25/share issues, while many utilities issue only $100/share issues (and there are many old $100/share issues outstanding). Our experience on most of the $100/share issues is that liquidity is minimal and the bid and ask spreads on the pricing can be quite wide. Given the lack of liquidity in these higher priced issues we have no plans to list $100/share issues.
The utility preferred page can be accessed from the ‘preferred’ menu or the ‘utility’ menu above.