Skip to main content

The Globe and Mail

Q&A: How to make preferred shares pay big dividends for your portfolio

James Hymas

JENNIFER ROBERTS/jennifer roberts The Globe and Mail

Preferred shares can be complex investment instruments, but when used effectively in a portfolio, they can provide a stable income stream at lower risk than common shares or in some cases corporate bonds - and with tax advantages. For this week's live discussion at Inside the Market, we heard from one of Canada's top experts on preferred shares, James Hymas, president of Hymas Investment Management.

Mr. Hymas has been in the investment industry for nearly three decades and is frequently called upon for his advice of preferred shares.

Preferred shares, considered a hybrid investment that is a cross between equity and debt instruments, have been hurt in the recent market downturn as bond yields went up. Is it a good time know to buy preferred shares? What are the best funds or companies to invest in when it comes to preferreds? These are just a couple of issues we explore as we take your questions.

Story continues below advertisement

Some mobile users may find an easier-to-read format here.

Report an error Editorial code of conduct Licensing Options
As of December 20, 2017, we have temporarily removed commenting from our articles as we switch to a new provider. We are behind schedule, but we are still working hard to bring you a new commenting system as soon as possible. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to