Corporate Preference Shares 28 Dec 2013 - Preferences Shares gives a very good dividends and has rather low risks which is quite suitable for Fixed Income Investor that is looking for quite a good fixed dividend yields.
Generally, Preference Shares pay a higher percentage of interest per annum between 3 to 8 %.
Preference Shares come with certain maturity date of between 3 to 10 years of which the company will redeem back all these Preference Shares at the agreed value per unit as stated on their prospectuses.
Some doesn't has any maturity date. You will need to read up their terms and conditions carefully.
Prefernce Shares pay-out the interest half yearly or twice a year and it is traded on the Singapore Stock Exchange daily.This provide the flexibility to Sell it on the market if you really need to use the money at any point of time.
You may see some of the Preferences Shares being listed on the Singapore Stock Exchange as follows :-
1. Hyflux 6% CUM PREF CLASS A 10
2. Genting SP 5,125% Perp
3. CapMallA 3.8%
Of course, there are also Banks preference shares that you may explore.
(trade base on your own decision)
WIN Lottery First Prize
Passive Income
No comments:
Post a Comment