Winans Investments: Preferred Stocks Reach a 62-Year High!
NOVATO, Calif., May 7, 2013 /PRNewswire/ -- Since the Great Recession ended in 2009, high dividend paying preferred stocks have had a record-setting advance and have now reach levels not seen since 1954!
| Winans Preferred Stock Index (WIPSI): |
||||||
| Index |
Current |
Total Return: |
||||
| Price |
Yield |
2012 |
2011 |
2010 |
2009 |
|
| 25.9 |
5.9% |
16% |
6% |
30% |
39% |
|
| S&P 500 Index (SPX): |
||||||
| Index |
Current |
Total Return: |
||||
| Price |
Yield |
2012 |
2011 |
2010 |
2009 |
|
| 1,622 |
1.9% |
15% |
2% |
15% |
25% |
|
| Dow Jones Corporate Bond Average (DJCBT): |
||||||
| Index |
Current |
Total Return: |
||||
| Price |
Yield |
2012 |
2011 |
2010 |
2009 |
|
| 326.5 |
2.6% |
11% |
9% |
8% |
18% |
|
As the table shows the Winans Preferred Stock Index has significantly outperformed the Standard & Poors 500 Index and Dow Jones Corporate Bond Average since 2009 and still presents investors with significantly higher income yields than most other types of investments.
"At Winans Investments, a key to our success in income investing is that we use mostly non-financial preferred stocks to enhance the overall performance of our client's portfolios," says Ken Winans, President of Winans Investments and award-winning author of "Preferred Stocks – The Art of Profitable Income Investing." (www.amazon.com)
History supports Winans' views. Since 1900, preferred stocks have advanced annually 76% of the time and have historically outperformed corporate bonds (7.6% vs. 6.4%).
The Winans Preferred Stock Index (symbol: WIPSI) ™ is the only index that measures U.S. preferred stocks from 1900 to present and is available by subscription.
More information on the Winans Preferred Stock Index or Winans Investments can be found at www.winansintl.com www.globalfinancialdata.com and www.equis.com
SOURCE Winans Investments
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