mefa --
Here is a link to a "table of 581 tax advantaged dividend (TAD)
preferred securities that are potentially eligible for the new 15%
dividend tax rate that has been passed by the U.S. Congress in 2003":
Quantum Online: Tax Advantaged Dividends Preferred Table
http://www.quantumonline.com/pfdtable.cfm?Type=TaxAdvantPfd&SortColumn=Company&SortOrder=ASC
The table as linked above is sorted by "security description."
However, the table is sortable in various other ways from the
following linked page on the Quantum Online site:
Quantum Online: Income Securities Table and Lists: Tax Advantaged
Dividends Preferred Table (about 1/2 way down the page)
http://www.quantumonline.com/stklist.htm
You will find a wealth of other information at the Quantum Online
site, which is uniquely focused on preferred stocks. It describes
itself as follows on its home page:
"QuantumOnline specializes in providing online information on
exchange-traded income investments such as preferred stocks and the
variety of other income investment possibilities that would be of
interest to income investors looking to safely maximize their current
investment income. Our goal is to make the researching of
exchange-traded income investments as easy as possible. "
Quantum Online: Welcome to Quantum Online
http://www.quantumonline.com/index.htm
Additional Information:
Quantum Online site is a one-of-a-kind free resource that is the only
non-subscription site I have found that has compiled the list that you
requested. It also is a unique free source for comprehensive and
well-organized links to other background information on preferred
stocks and the impact of the tax code on these investments.
If, after browsing at the Quantum Online site, you decide that you
want to use other, subscription-based resources as well, here is
another reputable specialized site that may be of interest to you:
Preferreds Online
http://www.epreferreds.com/ratings/
Finally, there happens to be an article in today's (August 19) Wall
Street Journal that may be if interest to you. It is headlined "Wall
Street Pushes Preferred Stock: Tax Cut Spurs Draw for Dividend-Rich
Shares, but Many Don't Qualify for New Low Rate." It refers to
Quantum Online, as follows:
"Differentiating between trust preferreds and old-style preferreds can
be tricky. However, QuantumOnline.com offers a list of … issues that
should be eligible for preferential tax treatment." WSJ.com, "Wall
Street Pushes Preferred Stock," August 19, 2003. This site is
subscription only, but you may want to pick up a copy of the paper if
you don't subscribe.
Search Strategy:
I tried to separate the wheat from the chaff of all the online
financial information and advice -- much of it dubious -- using
various Google searches. The one that led me to Quantum Online was
this:
"preferred stock" information "tax advantaged"
://www.google.com/search?hl=en&lr=&ie=ISO-8859-1&q=%22preferred+stock%22+information+tax+advantaged&btnG=Google+Search
A more general search then led me to the "Preferreds Online" site
linked above:
"preferred stock" information
://www.google.com/search?sourceid=navclient&q=%22preferred+stock%22+information+
I am confident that I have provided the exact information you are
looking for, as well as convenient free access to much other
authoritative information on the complex subject of the tax treatment
of preferred stock dividends and on preferred stock in general. If
any of my information is unclear, please ask for clarification before
rating the answer.
markj-ga |
