Overall, preferred shares have been a weak investment

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wholesale nba jerseys On the other hand, companies are free to raise or cut the dividends they pay on their common shares. Most of the Canadian market for preferred shares is made up of large blue chip companies, with the big banks, big insurers and utilities, making up the majority.At a high level, the market in Canada is split into fixed rate preferred shares, which have a set dividend that doesn change, and rate reset preferred shares. These pay a set dividend, usually for five years, and then the dividend is reset based on the five year Government of Canada bond yield at that time.Overall, preferred shares have been a weak investment for the past decade, in particular the rate reset preferred shares. wholesale nba jerseys

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