NOVATO, Calif., Dec. 30,2011 /PRNewswire/ -- Since the Great Recession ended, preferred stocks have outperformed most other types of equity investments and are near 5-year highs.
Winans International Preferred Stock Index (WIPSI): | |||||
Current | Total Return: | ||||
Price | Yield | 2011 | 2010 | 2009 | |
23.23 | 7.3% | 6% | 30% | 39% | |
S&P 500 Index (SPX): | |||||
Current | Total Return: | ||||
Price | Yield | 2011 | 2010 | 2009 | |
1,258 | 2.0% | 2% | 15% | 25% | |
As the table shows the WIPSI significantly outperformed the Standard & Poors 500 Index in 2011, 2010 and 2009 and is still presenting investors with significantly higher dividend yields.
"While many investors feel that preferreds are an investment fad, I believe the rebirth of income investing is here to stay. Why? America's aging population has lost much of its appetite for financial volatility and has chosen a fiscal course where investment income matters more than capital appreciation.
At Winans International, 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 portfolios," says Ken Winans President of Winans International and award-winning author of Preferred Stocks - The Art of Profitable Income Investing (www.amazon.com).
It is interesting to note that since 1900, preferred stocks have advanced annually 76% of the time, and have historically outperformed corporate bonds (7.6% vs. 6.5%).
The Winans International Preferred Stock Index (symbol: WIPSI)' is the only index that measures U.S. preferred stocks from 1900 to present.
More information on the Winans International Preferred Stock Index can be found at www.winansintl.com www.globalfinancialdata.com www.equis.com
SOURCE Winans International
