Bombardier perpetual preferred shares are updated and rated Buy for fixed income at $22.05. The dividend at just over 7% is attractive. But there are risks. The company is relatively weak financially. Perpetual shares will fall precipitously if long term interest rates rise a lot. The company has certain conversion options that are negative to investors. Still for those looking for income a modest position in these shares is worth considering. The next quarterly dividend is payable July 31 but I was unable to find the record date so I don’t know if anyone buying these early this week would get the next dividend or not. In any case, in theory the share price will drop after the ex-dividend date if it has not already passed.