Why Not Buy This 6.5%-Yielding Preferred Stock For A Quality Income Portfolio?

This preferred stock continues to be an attractive choice for income investors. Preferred stocks are widely underestimated in my opinion as sources of reliable dividend income. These preferred shares are much less volatile than the REIT's common shares, and have a higher payment frequency. I discuss the advantages/disadvantages of investing in preferred shares. An investment in this company's Series F preferred stock throws off a 6.48 percent yield.

Instead of buying VEREIT, Inc.'s (VER) 7.0% common stock yield, income investors have the option to buy into the commercial REIT's preferred stock layer. As a matter of fact, I think VEREIT's preferred stock is underrated and a compelling alternative to the REIT's common stock. I discuss the advantages and disadvantages of investing in VEREIT's preferred stock layer in this article. An investment in VEREIT's preferred stock yields 6.48 percent.

Source: Seeking Alpha

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