How to Find Preferred Shares

Preferred stocks offer high returns at low risk.

Finding and investing in preferred stocks can be very rewarding. Preferred stocks tend to pay higher dividends and offer more stability than common stocks. Finding preferred stocks requires a bit more effort than finding common stock. Unlike common stock, there is no standardized ticker-symbol that designates preferred stocks. Fortunately, with a little research, you can reap the rewards preferred stock offers.

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Instructions

- 1
  
  Visit a financial websites. Websites such as Bloomberg, CNBC, Forbes, Morningstar, Kiplinger and Yahoo! Finance offer all the tools needed to find preferred stocks. For this example let's use CNBC. (See Resources)
- 2
  
  Enter the name of the company. In the "get quotes" box, type the name of the company. For example, for Markel Corporation you would start to type "Markel." A list of all ticker symbols for Markel stocks, including preferred shares, will generate underneath the quotes box. The top of the list will present the common stock ticker symbol and below that will be preferred stocks. For example, MKL is Markel common stocks, MKV are the preferred shares.
- 3
  
  Visit a website that gives descriptions of preferred stocks. Websites such as EDGAROnline, PreferredsOnline and QuantumOnline.com are all good websites that offer the tools necessary to find preferred stocks (See Resources). For this example, we will use QuantumOnline.
- 4
  
  Type the ticker symbol. In the "Quick Search" box located on the right side of the screen, type in the ticker symbol you got in step two. You can quickly tell if it's a preferred stock because of its description. It will typically describe the coupon rate, maturity date, call price and stock rating.

Tips & Warnings

Seek guidance from your financial advisor or stockbroker. They can assist you in buying preferred stocks.

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How to Find Preferred Shares

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