7 Preferred Stocks to Juice Your Portfolio's Yield in 2011

Investment Underground looked for preferred shares backed by heathy balance sheets. The names we came up with offer a solid yield and potential appreciation over the remainder of the year. Here is what we found:Barclays Bank Preferred Series A (BCSA): These shares still sell at a discount to par and yield a healthy 7.19%. With strong operating cash flows going forward, we think Barclay's is going to pay its obligations to preferred shareholders. Symbol Open High Low Close NetChg %Chg Vol 52 WeekHigh 52 WeekLow Div Yield Barclays Bank pfd. Series A BCSA 24.74 24.79 24.72 24.75 0.03 0.12 133,023 25.45 19.27 1.78 7.19 Fifth Third Capital Trust VI (FTBB): Fifth third (FITB) should have no difficulty muddling along in its sleepy midwest and southern markets. The company has greater clarity on its commercial and residential portfolio and should not have difficulty paying its preferred obligations.... Read more