Can be called only in 2019. cumulative preferred and pays $2.15625 a year, which at today price of $18.19 comes to 11.85% current yield.
Correct again. Of course you put in roth ira money that you already paid taxes on and you put into regular ira money "before taxes" decreasing your income for the year.
PFE price finally equals to the 1997 price. People who held it for 18 years were getting this "nice 3% dividend". Even this is not correct - dividend was bumped a few times. Should be sold within 2 points from current price.
Arp-pd preferred stock - who will it belong after merger
arp-pd is a good investment if you believe that arp will not go belly up. pays 10% current dividend (current price $21.7)and if it is ever called you get your $25. I think i'll risk it and buy some preferred shares when market opens.
it will come back as a problem later on...
plus you are loosing money on taxes
most of the distributions you do not pay taxes on it just decreases basis - it will pay taxes on them when you sell CLMT - but it will be capital gain, which is 15%.