◆ Preferred Stock AI

ⓘ Guide
🧭 Guided ⚡ Expert
▶ Intro Video

Trading at a Discount to Par

Top Highest Current Yield Highest Monthly-Paying Yield Convertible Preferreds Largest Discount to Liquidation Preference Trading at a Premium to Par Trading at a Discount to Par Recently Crossed Below Par Perpetual Preferreds Fixed-to-Floating Rate Preferred Stock ETFs Baby Bonds ($25 Notes) New Preferred Offerings (last 18 months) Safe-Dividend Preferreds (cumulative, paying, non-distressed) Dow Components S&P 500 Components
SymbolIssuerSectorCouponPriceParYieldPrem/DiscFreq
PW-P-A Power REIT REIT - Diversified 7.750% 10.12 25 — -59.52% quarterly
RC-P-E Ready Capital Corp REIT - Diversified 6.500% 12.30 25 13.21% -50.80% quarterly
CYCCP Cyclacel Pharmaceuticals Healthcare 6.000% 5.05 10 11.88% -49.50% quarterly
RC-P-C Ready Capital Corp REIT - Diversified 6.250% 12.72 25 12.28% -49.12% quarterly
NXDT-P-A NEXPOINT DIVERSIFIED REA REIT - Diversified 5.500% 13.20 25 10.42% -47.20% quarterly
CTA-P-A EIDP Inc Materials 3.500% 53.55 100 6.54% -46.45% quarterly
FOUR-P-A Shift4 Payments, Inc. Services-Business 6.000% 55.00 100 10.91% -45.00% quarterly
BHR-P-B Braemar Hotels & Resorts REIT - Diversified 5.500% 13.96 25 9.85% -44.18% quarterly
USB-P-Q US BANCORP \DE\ Banks 3.750% 14.94 25 6.28% -40.24% quarterly
VNO-P-O VORNADO REALTY TRUST REIT - Diversified 4.450% 14.97 25 7.43% -40.12% quarterly
HPP-P-C Hudson Pacific Propertie REIT - Diversified 4.750% 15.02 25 7.91% -39.94% quarterly
PSA-P-N Public Storage REIT - Diversified 3.875% 15.05 25 6.44% -39.80% quarterly
PSA-P-O Public Storage REIT - Diversified 3.900% 15.12 25 6.45% -39.52% quarterly
RNR-P-G RENAISSANCERE HOLDINGS L Insurance 4.200% 15.20 25 6.91% -39.20% quarterly
PSA-P-Q Public Storage REIT - Diversified 3.950% 15.35 25 6.43% -38.60% quarterly
COF-P-N CAPITAL ONE FINANCIAL CO Banks 4.250% 15.45 25 6.88% -38.20% quarterly
DBRG-P-H DigitalBridge Group, Inc Investment Advice 7.125% 15.54 25 11.46% -37.84% quarterly
BPYPP Brookfield Property Pref REITs 6.500% 15.65 25 10.38% -37.40% quarterly
USB-P-R US BANCORP \DE\ Banks 4.000% 15.68 25 6.38% -37.27% quarterly
PSA-P-P Public Storage REIT - Diversified 4.000% 15.72 25 6.36% -37.12% quarterly
PSA-P-R Public Storage REIT - Diversified 4.000% 15.75 25 6.35% -37.00% quarterly
COF-P-L CAPITAL ONE FINANCIAL CO Banks 4.375% 15.84 25 6.90% -36.64% quarterly
BOH-P-A BANK OF HAWAII CORP Banks 4.375% 15.85 25 6.90% -36.60% quarterly
DBRG-P-I DigitalBridge Group, Inc Investment Advice 7.150% 15.93 25 11.22% -36.28% quarterly
PSA-P-S Public Storage REIT - Diversified 4.100% 15.97 25 6.42% -36.12% quarterly
PSA-P-M Public Storage REIT - Diversified 4.125% 16.01 25 6.44% -35.96% quarterly
SIGIP Selective Insurance Grou Fire, Marine & Cas 4.600% 16.02 25 7.18% -35.92% quarterly
DBRG-P-J DigitalBridge Group, Inc Investment Advice 7.125% 16.06 25 11.09% -35.76% quarterly
ABR-P-E ARBOR REALTY TRUST INC REIT - Diversified 6.250% 16.09 25 9.71% -35.64% quarterly
PCG-P-I PG&E Corp Electric & Other S 4.360% 16.09 25 6.77% -35.63% quarterly
RF-P-E REGIONS FINANCIAL CORP Banks 4.450% 16.11 25 6.91% -35.56% quarterly
BIP-P-B Brookfield Infrastructur Water Transportati 5.000% 16.14 25 7.74% -35.42% quarterly
ATH-P-D Athene Holding Ltd Baby Bond 4.875% 16.18 25 7.53% -35.28% quarterly
ABR-P-D ARBOR REALTY TRUST INC REIT - Diversified 6.375% 16.20 25 9.84% -35.20% quarterly
SF-P-D STIFEL FINANCIAL CORP Security Brokers, 4.500% 16.30 25 6.90% -34.80% quarterly
EQH-P-C Equitable Holdings, Inc. Insurance 4.300% 16.39 25 6.56% -34.44% quarterly
PCG-P-H PG&E Corp Electric & Other S 4.500% 16.52 25 6.81% -33.92% quarterly
CFR-P-B CULLEN/FROST BANKERS, IN Banks 4.450% 16.56 25 6.72% -33.76% quarterly
BPYPM Brookfield Property Pref REITs 6.250% 16.63 25 9.40% -33.48% quarterly
HFRO-P-B HIGHLAND OPPORTUNITIES & Closed-End Fund 5.375% 16.65 25 8.07% -33.40% quarterly
OPP-P-A RiverNorth/DoubleLine St Closed-End Fund 4.375% 16.70 25 6.55% -33.20% quarterly
STRD Strategy Finance Services 10.000% 66.90 100 14.95% -33.10% quarterly
WFC-P-D WELLS FARGO & COMPANY/MN Banks 4.250% 16.77 25 6.34% -32.92% quarterly
RILYL B. Riley Financial Inc Baby Bond 7.375% 16.77 25 — -32.92% quarterly
BAC-P-P BANK OF AMERICA CORP /DE Banks 4.125% 16.80 25 6.14% -32.80% quarterly
BIP-P-A Brookfield Infrastructur Water Transportati 5.125% 16.80 25 7.63% -32.80% quarterly
HFRO-P-A HIGHLAND OPPORTUNITIES & Closed-End Fund 5.375% 16.80 25 8.00% -32.80% quarterly
CTA-P-B EIDP Inc Materials 4.500% 67.31 100 6.68% -32.69% quarterly
PSEC-P-A PROSPECT CAPITAL CORP Closed-End Funds 5.350% 16.84 25 7.94% -32.62% quarterly
COF-P-K CAPITAL ONE FINANCIAL CO Banks 4.625% 17.00 25 6.80% -32.00% quarterly

50 securities

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
Finding your way around
SearchLook up any symbol or company in the box at the top.
Lists & ScreenerBrowse by highest yield, largest discount, monthly payers, ETFs and more.
Ask the dataThe chat box answers plain questions like “highest-yield monthly REIT under par.”
$10K CalculatorSee what a past investment would be worth today.

This is information, not investment advice.

★ Save your favorites

No password needed — just your email. We'll remember the preferreds you star so they're waiting when you come back. Next time, enter the same email to pull up your whole list anywhere.

💬 Ask the data
Preferred Stock Assistant ✕
Ask me anything — e.g. "highest-yield monthly REIT preferred under par" or "what if I'd put $10k in SACH-P-A in 2022?"
Theme Original Apex Nova Aurora Lumen Brutalist