coupon code ugg australia|uggs cheap boots coupon code ugg australia,uggs cheap boots,kids ugg cardy,ugg womens classic tall,cheapest uggs online,where can i get real uggs for cheap 17 New Preferred Stocks Offer 6 April 2013 was a good month for preferred stock investors. New preferred stocks issued during April 2013 offer an average dividend rate of 6.65% to income investors. The number of new preferred stocks introduced during April also marks a substantial increase in the number of new preferreds when compared to new issues from a year ago. Last month's 17 new securities is a 42% increase over the twelve new issues from April 2012 . While the average 6.65% rate is not as exciting as the rates we were seeing a couple of years ago, it is substantially better than the other alternatives currently available to income investors. Investment grade corporate bonds closed the month of April offering an average yield of 3.73%, while bank CDs are stuck at 1.1% . The seventeen new April issues brings the total number of preferred stocks issued since April of last year to an even 200 new securities for investors to pick from. stock exchanges, 21% of them are no more than one year old. Property REITs were less represented than usual with only two new issues: DLRG from Digital Realty (DLR) and STAGB from Stag Industrial (STAG). Mortgage REITs, on the other hand, weighed in heavily with NRFD from Northstar Realty Finance (NRF), MFAB from MFA Financial (MFA), DXB from Dynex Capital (DX), CYSB from CYS Investments (CYS) and AIW from Arlington Asset Investment Corp. (AI). Banks continue to issue traditional preferred stocks to, in many cases, replace their previously popular trust preferred stocks (TRUPS). Regional banks issued FRCD from First Republic (FRC), BPFHP from Boston Private (BPFH), BBTG from BB Corp. Bancorp (USB) and ZBH from Zions (ZION). The only investment bank preferred issued during April was GSJ from Goldman Sachs (GS). Berkley (WRB) and AHLC from lesser known Aspen Insurance (AHL). While the allowable deferral period for a preferred stock with cumulative dividends can be lengthy, a preferred stock that has this provision is certainly better than one that does not, all other characteristics being equal (see "Cumulative Preferred Stock Dividend Characteristic Saves Citizens Republic Shareholders"). Interestingly, all of the REITissued preferred stocks for April offer cumulative dividends to preferred stock investors. With the exception of AHLC from Aspen Insurance, all of the April issues with noncumulative dividends are from banks (regional and investment). The previously popular bankissued TRUPS had cumulative dividends and counted toward the bank's "Tier 1 Capital" reserves. According to an April Bloomberg survey of primary bond traders, most expect the Federal Reserve to start increasing the federal funds rate in mid2015. Buyandhold preferred stock investors look forward to such a period, bringing new preferred stocks offering increasing dividend rates. But after the initial knee jerk reaction of fearful sellers and elated buyers (see "Fed Policy Fails On Jobs But Highlights Opportunity For Income Investors" for chart), the market prices of fixedrate securities (bonds, preferred stocks) will tend to trend downward as long as interest rates continue to increase. Consequently, preferred stock investors who are planning on selling their holdings during a future period of increasing rates need to be more diligent about price movements than they might otherwise have to be. Preferred stock investors, both individual and institutional, are generally buyandhold investors, in it for the reliable dividend income that these securities provide. Newly introduced preferreds are generally more popular than older issues since the call protected dividend payout is longer with newer issues. stock exchanges used for this article. Disclaimer: Securities identified within this article are for illustration purposes only and are not to be taken as recommendations. The latest from UGGs Outlet . We Specialize Cheap UGG Boots, UGG Outlet Boots, Winter boots. Your Outlet UGG Online Store. 30%-50% OFF!kids ugg cardy,ugg womens classic tall,cheapest uggs online,where can i get real uggs for cheap.