Wall Street Journal - Secret Weapon for Yield - Preferred Shares
Hylland Capital was recently quoted in the Wall Street Journal for an article on the use of preferred shares in your investment portfolio:
Preferred shares are not for everyone, but certain characteristics make them attractive for some investors. Their dividends are usually qualified dividends, which get taxed at a lower tax rate, their yield is usually higher than common stock yields, and they may provide less share price volatility.
But there are some downsides to preferred shares as well, which I point out in this Wall Street Journal Interview: