7 High-Yield Preferred Stocks to Consider

You can smooth out the bumps and wild swings in the market through consistent dividend and interest payments, so we've screened for preferred stocks with consistent dividend payments.These debt instruments do not ebb and flow like common shares because of their nature. These companies’ preferred stocks have shown solid performance by paying out consistent dividends alongside positive price movements. To avoid credit rating downgrades, these firms aim to make the dividend payments.Aegon (AEG) (7.25% Perpetual Capital Securities) has made all dividend payments since its inception in September 2007. Investors of record at March 1 will receive the next dividend payment of $0.4531. The current yield is 7.4%. This security is rated BBB by S&P. The company focuses on life insurance, general insurance, and supplemental health insurance products. It also specializes in pension and investment products. Aegon does business in the U.S. and the Americas, the... Read more