Sentences with phrase «preferred shares of banks»

As a result, in my line of thinking, I believe that is where new entrants to the ETF market may lay... For example, stock pickers like me balk at the bid / ask spreads (sometimes 10 % of the value of the security) and low volumes (some trading days, 0 shares change hands) of some perfectly good securities, such as the preferred shares of banks & insurance companies — as a perfect example.

All over the news, there has been talk of Warren Buffett buying preferred shares of Bank of America and getting a great deal that individual investors simply couldn't get.

Not exact matches

To pay for the shares, Berkshire swapped $ 5 billion of Bank of America preferred stock it had bought in August 2011.

He agreed to invest $ 5 billion and lend BoA his name; in return, the bank would pay him a hefty 6 % annual dividend on his stake of preferred shares.

Buffett himself noted in a recent annual letter that if Bank of America (bac) were to lift its annual dividend above 44 cents a share before 2019, «we would anticipate making a cashless exchange of our preferred into common.»

This lack of supply has coincided with strong demand — including among institutional investors who purchased large amounts of the Canadian bank's last round of attractively - priced preferred share issuance in December.

2014.01.21 Royal Bank of Canada announces increase to preferred share issue Royal Bank of Canada (RY on TSX and NYSE) today announced that as a result of strong investor demand for its previously...

This ratio tells me which kind of financing management prefers; do they privilege more debt from banks or selling more shares and diluting ownership.

Created four years ago as the country's financial system teetered on the verge of collapse, TARP provided more than 700 banks with a combined $ 205 billion of capital by buying dividend - paying preferred shares.

As a result, the Bank of Canada's current stance to leave interest rates unchanged given its concerns about the country's lacklustre economic growth could be an important catalyst for preferred share performance going forward — especially when combined with the U.S. Federal Reserve's projections for multiple rate hikes this year.

As a result, the Bank of Canada's current stance to leave interest rates unchanged given its concerns about the country's lacklustre economic growth could be an important catalyst for preferred share performance going forward — especially when combined with the U.S. Federal Reserve's projections for multiple rate hikes this year.

The appeal of preferred funds is they offer higher yields than bond ETFs, explains Alfred Lee, vice-president of BMO Global Asset Management and lead manager of the bank's Laddered Preferred Share Index ETF (TSX: ZPR).

The plan is to invest tactically in a wide variety of security types including junk bonds, bank loans, convertibles, preferred shares, CDOs and so on.

For instance, the National Bank of Canada preferred share symbol would be NA.PR.

For example, 500 shares of Royal Bank's AD $ 25 par preferred will generate $ 562.50 in dividends a year which will buy about 11 of the bank's common shares paying a dividend of $ 2.16 eBank's AD $ 25 par preferred will generate $ 562.50 in dividends a year which will buy about 11 of the bank's common shares paying a dividend of $ 2.16 ebank's common shares paying a dividend of $ 2.16 each.

After five years, you will have received about $ 2,815 in preferred dividends and an additional $ 297 in common dividends and hold approximately 55 common shares of Royal Bank.

However today's investing stars like Warren Buffett seem to love preferred shares lately, and have loaded up on the preferred shares of many financial institutions like Goldman Sachs and Bank of America.

Many «core» Canadian fixed income managers have made a good living by holding large amounts of bank subordinated debt and more recently the capital securities (essentially preferred shares) of all five major banks.

Four bank holding companies announced that they had redeemed all of the preferred shares that they had issued to the U.S. Treasury under the Capital Purchase Program of the Troubled Asset Relief Program (TARP).

I prefer cash myself... But Zamano's size may be a blessing: i) a cash deal, even at a decent premium, wouldn't break the bank, or ii) an all - share deal mightn't present much difficulty either — for ZMNO shareholders who prefer a cash exit, the impact of their selling might be quite limited in relation to an acquirer's market cap / trading volumes.

When a buyer purchases a company in the private market, he has to pay for the company equity (including common stock, preferred shares, minority interest, etc), he has to pay off all the debt, but in return the buyer gets the cash the company has in its bank accounts and other cash equivalents in form of securities and other liquid assets.

Also note that the Royal Bank of Scotland is preferred shares, and not the common.