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Tuesday, December 08, 2015 11:02:55 AM
if there are some series that actually paid a dividend and then stopped, it seems like it would help in the legal cases (for those issues) - that investors were right to assume that dividends would be paid. If the non-cumulatives were issued during the crisis and at a time of dwindling capital, and they never paid a dividend, that is a different perspective that may vary be which series one holds.
I'm not well educated on which pfd issues trade at premiums or discounts to each other and why - other than supposed dividend yield and liquidity.
Thanks for the tutorial if anyone is willing to provide.
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