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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

TC Energy Corporation cumulative redeemable first preferred shares series 9 (TRP.PR.E $23.18)
- $23.18 P/E (TTM): 17.25X Cap: $73.27B
- View TRP.PR.E Profile
- View Questions on TRP.PR.E
Sun Life Financial Inc. Class A Non-Cumulative Preferred Shares Series 4 (SLF.PR.D $22.25)
- $22.25 P/E (TTM): 15.6X Cap: $48.23B
- View SLF.PR.D Profile
- View Questions on SLF.PR.D
Intact Financial Corporation Non-Cumulative Class A Shares Series 6 (IFC.PR.F $24.67)
- $24.67 P/E (TTM): 21.15X Cap: $46.65B
- View IFC.PR.F Profile
- View Questions on IFC.PR.F

Q: Hi 5i, how would you rank these preferred shares for safety and would you consider them all buyable?

Read Answer Asked by Mark on August 25, 2023

Canadian Utilities Limited cumulative redeemable second preferred shares series AA (CU.PR.D $23.26)
- $23.26 P/E (TTM): 23.95X Cap: $10.67B
- View CU.PR.D Profile
- View Questions on CU.PR.D
Fortis Inc. Cumulative Redeemable First Preference Shares Series F (FTS.PR.F $23.90)
- $23.90 P/E (TTM): 20.74X Cap: $35.50B
- View FTS.PR.F Profile
- View Questions on FTS.PR.F
Loblaw Companies Limited Second Preferred Shares Series B (L.PR.B $24.90)
- $24.90 P/E (TTM): 26.26X Cap: $7.53B
- View L.PR.B Profile
- View Questions on L.PR.B
Manulife Financial Corporation Non-Cumulative Class A Preferred Shares Series 3 (MFC.PR.C $22.53)
- $22.53 P/E (TTM): 14.35X Cap: $77.09B
- View MFC.PR.C Profile
- View Questions on MFC.PR.C
Royal Bank of Canada Non-Cumulative First Preferred Shares Series BH (RY.PR.N $25.02)
- $25.02 P/E (TTM): 15.54X Cap: $288.68B
- View RY.PR.N Profile
- View Questions on RY.PR.N
Royal Bank of Canada Non-Cumulative First Preferred Shares Series BI (RY.PR.O $24.98)
- $24.98 P/E (TTM): 15.54X Cap: $288.45B
- View RY.PR.O Profile
- View Questions on RY.PR.O
Sun Life Financial Inc. Class A Non-Cumulative Preferred Shares Series 3 (SLF.PR.C $22.37)
- $22.37 P/E (TTM): 15.6X Cap: $48.49B
- View SLF.PR.C Profile
- View Questions on SLF.PR.C
Sun Life Financial Inc. Class A Non-Cumulative Preferred Shares Series 4 (SLF.PR.D $22.25)
- $22.25 P/E (TTM): 15.6X Cap: $48.23B
- View SLF.PR.D Profile
- View Questions on SLF.PR.D
Brookfield Corporation Class A Preference Shares Series 37 (BN.PF.D $21.81)
- $21.81 P/E (TTM): 107.18X Cap: $144.90B
- View BN.PF.D Profile
- View Questions on BN.PF.D
Brookfield Corporation Cumulative Class A Preference Shares Series 18 (BN.PR.N $21.46)
- $21.46 P/E (TTM): 107.18X Cap: $144.90B
- View BN.PR.N Profile
- View Questions on BN.PR.N

Q: Hi Peter,

On January 10, you were asked a question about Loblaw Preferred Stock (L.PR.B). I really appreciated the relevance of your comments (a net benefit of being a 5i member) and bought it for the income. My question is, do you know of any other perpetual preferred shares that meet the same definition as what you stated (of all the preferred shares out there like this: (Of all the preferreds out there, this would be in our 'no need to worry' category, easily).

Thank you

Read Answer Asked by Charles on February 22, 2023

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