SLF Preferred Shares 4.45% Perpetual (SLF.PR.D.TO)

Our PAST TOP PICK with SLF.PR.D has triggered its stop at $20.50.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 4%, when combined with our previous guidance.  

Insurance companies paying steady dividends are a conservative holding during market uncertainty.  We again reiterate this preferred share from SunLife financial paying a perpetual dividend with a good yield.  We recommend maintaining the stop at $20.50, looking to achieve $25.00 -- upside potential of over 15%.  Yield 5%

We again reiterate this preferred share from SunLife financial paying a perpetual dividend with a good yield.  We recommend maintaining the stop at $20.50, looking to achieve $25.00 -- upside potential of over 15%.  Yield 5%

We reiterate these preferred shares of SunLife financial as a TOP PICK.  We are fans of the perpetual dividend when interest rates are expected to be flat to lower.  We recommend trailing up the stop (from $18.00) to $20.50, looking to achieve $25.00.  Upside potential over 12%.  Yield 5.1%

In times of uncertainty, holding high-quality dividend paying preferred shares is a good strategy.  We reiterate SLF as a TOP PICK as it is a well diversified insurance and wealth management company  in a safe market space.  We recommend trailing up the stop (from $15.50) to $18.00, looking to achieve $25 — upside potential of 20%.  Yield 5.3%

Canadian preferred shares still hold great upside value opportunities and pay a great dividend.  We reiterate this well-diversified life and wealth management company, which generates over $4.3 billion in free cash flow, as a TOP PICK.  This preferred share pays a perpetual quarterly dividend that has a great yield and high (Pfd-2H) credit rating.  We continue to recommend maintaining a stop at $15.50, looking to achieve $25 -- upside potential of 25%.  Yield 5.5%  

As the Canadian central bank has begun to reduce interest rates, preferred shares should benefit.  We reiterate SLF.PR.D as a TOP PICK.  The parent corporation has been prudently using some cash reserves to retire debt and buy back shares.  The parent trades at 13x earnings, 1.7x book value, and supports a 13% ROE.  We recommend maintaining the the stop at $17.00, looking to achieve $25.00 -- upside potential of 30%.  Yield 5.8%

We reiterate this Canadian based preferred share offering by SLF.  The parent corporation has been prudently using some cash reserves to retire debt and buy back shares.  The parent trades at 13x earnings, 1.7x book value, and supports a 13% ROE.  We recommend trailing up the stop (from $15.50) to $17.00, looking to achieve $25.00 -- upside potential of 31%.  Yield 5.8%

We reiterate this well-diversified life and wealth management company, which generates over $4.3 billion in free cash flow, as a TOP PICK.  This preferred share pays a perpetual quarterly dividend that has a great yield and high (Pfd-2H) credit rating.  We recommend maintaining the stop at $15.50, looking to achieve $25 — upside potential over 30%.  Yield 5.9%

We reiterate SLF.PR.D as a TOP PICK.  SLF is a well-diversified life and wealth management company, which generates over $4.3 billion in free cash flow.  This preferred share pays a perpetual quarterly dividend that has a great yield and high (Pfd-2H) credit rating.  Rising interest rates have reduced the preferred share value to a discount to its $25 par value; however, as interest rates stall and eventually return lower to long term levels this can provide possible upside potential over 30%.  We recommend maintaining the stop at $15.50.  Yield 6.0%

SLF is a well-diversified life and wealth management company, which generates over $4.3 billion in free cash flow.  This preferred share pays a perpetual quarterly dividend that has a great yield and high (Pfd-2H) credit rating.  Rising interest rates have reduced the preferred share value to a discount to its $25 par value; however, when interest rates return to long term levels this can provide possible upside potential of 35%.  We recommend placing a stop-loss at $15.50.  Yield 6.0%