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Update

Power Financial Corporation preferred share (TSX: PWF.PR.G)

These are straight preferreds.


Income Investor

The Pfd-2 credit rating is strong although not in the strongest range (which is Pdf-1). The yield here is quite attractive, but the potential for additional capital gains is limited given that the issuer can redeem them at $25 at any time. Sell for a capital gain of 15% since the original recommendation. - Shawn Allen

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Interactive Performance Chart

PWF.PR.G was first recommended here on September 3, 2024