I added quite a few more preferred shares to the list on the Subscriber Home Page. I included all those that were mentioned in my preferred share article.
When it comes to the rate reset preferred shares, my top picks at the moment would be those that have very recently reset to pay higher dividends for the next five years. In particular I like Emera’s EMA.PR.H that is paying a dividend that amounts to 8.1% of the current price and which dividend will remain in place for the next five years. The first payment at the higher reset dividend will be paid in November.
I also like some of the rate reset preferred shares that are set to reset within the next year or so (the sooner the better). If interest rates remain about where they are now, the reset dividends will reset to quite attractive levels.
I also like the perpetual preferred shares that are paying about 6.85%. For example Canadian Utilities CU.PR.E. If interest rates decline somewhat these shares are likely to offer a capital gain. But they also seem attractive to simply hold long term for the dividend.
See the full list on the Home Page. Since the future is always uncertain, It makes sense to diversify preferred share holdings.