Preferred Stock Yield-to-Call (YTC) & Tax Equivalence Solver

Compare $25 par value preferred stock distributions, qualified dividend tax perks, redemption call prices, and bond yields.

Preferred Share Parameters

Current Preferred Share Market Price ($ - Par is $25.00)

Fixed Coupon Rate (% of $25 Par)

Years Remaining Until First Call Date

Investor Marginal Income Tax Bracket (%)

Current Stripped Dividend Yield

6.97% Current Yield

Annualized Yield-to-Call (YTC With Par Gain)

7.85% Annualized YTC

Tax-Equivalent Bond Yield (Qualified 15% Rate)

9.52% Corporate Bond Equivalent