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Opinions Randy LeClair
Royal Bank of Canada (Pref -Y)RY.PR.Y.TOTOP PICKJul 10, 2009
Recently issued reset preferred shares. 6.1% coupon but price has risen to about $27.50 so overall yield is at 5.52%. Better than the bond.
Randy LeClairOwned
$27.50
Stock price when the opinion was issued
banks
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PAST TOP PICK
(Top Pick Jul 10/09, 6.1% Total Return) There was a roller coaster dip in April and May. He trimmed it back a bit.
Randy LeClairOwned
banks
