Because of their high level of dividend safety, I think individual preferred stocks should account for a portion of any investor’s high yield holdings.
I regularly look at different preferred stocks, looking for candidates that I can recommend to The Dividend Hunter members. I also monitor the current list of preferreds, making sure they still meet my criteria.
I thought you might find it interesting if I shared the criteria I use and the steps I take to find individual preferred stocks for my recommendations list.
This post first appeared at Investors Alley.