Skip to main content

The Globe and Mail

Q&A: How to make preferred shares pay big dividends for your portfolio

James Hymas

JENNIFER ROBERTS/jennifer roberts The Globe and Mail

Preferred shares can be complex investment instruments, but when used effectively in a portfolio, they can provide a stable income stream at lower risk than common shares or in some cases corporate bonds - and with tax advantages. For this week's live discussion at Inside the Market, we heard from one of Canada's top experts on preferred shares, James Hymas, president of Hymas Investment Management.

Mr. Hymas has been in the investment industry for nearly three decades and is frequently called upon for his advice of preferred shares.

Preferred shares, considered a hybrid investment that is a cross between equity and debt instruments, have been hurt in the recent market downturn as bond yields went up. Is it a good time know to buy preferred shares? What are the best funds or companies to invest in when it comes to preferreds? These are just a couple of issues we explore as we take your questions.

Story continues below advertisement

Some mobile users may find an easier-to-read format here.

Report an error Licensing Options
About the Author
Investment Editor

Darcy Keith is The Globe and Mail's Investment Editor. He has been a business journalist since 1992 and joined the Report on Business in 2010 from Yahoo! Canada, where he was the senior editor of finance. More

Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at privacy@globeandmail.com.