Ebook87 pages56 minutes
Floating Away: The Magic of Floating Rate Preferred Shares: Financial Freedom, #239
By Joshua King
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About this ebook
Rarely do things surprise me. As an investor, it's my job to try to predict the future as best as possible.
However, I recently received a 31% dividend increase from one of my preferred shares. For four years, I had received the same great dividend payment, and then it increased.
I reviewed its prospectus and discovered it was a floating-rate preferred share that reset to a dividend payment of 3-month LIBOR plus 5.317%. In this case, my new dividend yield is 11%.
Floating rate preferred shares can help ensure you stay ahead of interest rates and inflation. They can be a fantastic addition to your income portfolio and Happy Cash Flow Retirement lifestyle. Good Luck!
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Titles in the series (100)
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Floating Away - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Floating Away
All Right Reserved Military Family Investing | 01 Floating Away: The Magic of Floating Rate Preferred Shares
02 Feel Special with Special Dividends
03 Income for Retirement: Preferred Shares
04 Overcoming Limiting Beliefs 102: Stock Market
05 Preferred Shares vs. Treasury Bonds
06 Income Investing vs. Inflation
07 Think of Preferred Shares as Gift Cards
08 Preferred Shares vs. Common Stocks
09 Dividend Stocks vs. Income Stocks
10 Life as an Income Investor
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MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
Floating Away
The Magic of Floating Rate Preferred Shares
01 Floating Away: The Magic of Floating Rate Preferred Shares
02 Feel Special with Special Dividends
03 Income for Retirement: Preferred Shares
04 Overcoming Limiting Beliefs 102: Stock Market
05 Preferred Shares vs. Treasury Bonds
06 Income Investing vs. Inflation
07 Think of Preferred Shares as Gift Cards
08 Preferred Shares vs. Common Stocks
09 Dividend Stocks vs. Income Stocks
10 Life as an Income Investor
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Floating Away: The Magic of Floating Rate Preferred Shares
Something strange happened to me the other day; I received more money from one of my preferred shares than anticipated.
Rarely do things surprise me, but this was a great way to start the day. Nothing makes you feel more special than earning more money on your investments than you thought.
But what happened? Why did I receive more money than the initial terms of my preferred shares? Let’s get into it, but first, I want to recap how outstanding preferred shares can be in your life.
Dividend ETFs vs. Bonds 2: The Tax Edition
What are preferred shares? Preferred shares are shares you can purchase from a company on the stock market; however, they act more like bonds.
Preferred shares have a par value, usually $25. For the money, preferreds pay you quarterly dividends for the period specified in the prospectus.
Preferred shares are special because you can purchase them for lower than the par value of $25. If you can get a good deal on your preferred shares, you can increase the dividend yield inside of your income investing portfolio.
I think of preferred shares as gift cards. If you could purchase a $25 gift card for $20, would you take the opportunity? I know I would.
Let’s review the history of my preferred share. In October 2020, I bought 22 shares of Gaslog Partners Preferred Shares Series C, or GLOP.C for short. The par value of GLOP.C is $25, but I bought them for $14.78 each, for a total of $325.
Stock & Bond Investing in Your 30s
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