Too Dumb to understand this, can someone explain this in layman terms.. https://www.barrons.com/articles/citi-preferred-stock-dividend-7a338456?siteid=yhoof2 example would be, if I were to invest $100 dollars in Preferred securities then do i get 10% in a year? or 10? sorry, i cant seem to make sense. Agreeing that I am dumb, roasting myself to save your effort :P Blind Tax - 195K. Not at Genpact #yield #finance #investment
You’d get 10% a year. But- “The high yield, however, comes with risk. Citigroup can redeem the issue for $25, which would result in an immediate loss of about 10% to holders.”
10%