New Preferred High Dividend Stock Trading Below Call Value

We’ve been fans of preferred high dividend stocks for some time now, having owned and written about them for several years. However, in the yield-crazed market of 2016, it has become increasingly difficult to find attractive preferred stocks trading below its call value.
However, that just changed, for now. One of our perennial favorite dividend stocks, Seaspan, (SSW), just announced a new preferred offering in early August, and, miraculously, this new stock is still trading below $25.00.
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