This CWB rate reset preferred share is updated and rated (higher) Buy at $17.75. It yields 6.06% and will not reset until April 30, 2014. This is not an exciting investment. But for those seeking yield and particularly yield eligible for the dividend tax credit it is worth considering. As I have said many times, rate reset shares have burned investors repeatedly for years. But if interest rate remain stable or rise then this will be a good investment. If the price dips then it becomes an even better investment.