TRI
Preferred Shares
1
Credit Rating
-
Avg Yield
5.00%
Avg Price
$15.70
| Symbol | Issue Name | Type | Price | Yield | Par | Notes |
|---|---|---|---|---|---|---|
| TRI.PR.B | Thomson Reuters Corporation Cum Red Floating Rt Pref Share Ser 11 | floating | $15.70 | 5.00% | $25.00 | FLOATING(70% OF PRIME RATE) | Series: Thomson_Reuters_Corp.,_Series_II |
Thomson Reuters (TRI) has 1 preferred share series outstanding on the Toronto Stock Exchange — 1 floating-rate series. The median trailing indicated yield across the cohort is 5.00%, with TRI.PR.B the highest-yielding series at 5.00% and TRI.PR.B the lowest-priced at $15.70. All figures are trailing values from this site's daily update pipeline, computed from declared dividends and the latest close.
A floating-rate preferred pays a dividend recalculated each quarter from the 3-month Government of Canada Treasury-bill yield plus a spread fixed at issue. The structure behaves like a rolling short-term deposit: little price sensitivity, and a cash yield that follows the bill market — which is why its trailing yield reads lower than fixed coupons in a high-rate regime and higher in a low-rate one.
Compare every Canadian preferred share side by side in the screener, or browse peers in the sector guides. The structural background — par value, reset mechanics, and rating tiers — is covered in the preferred shares guide.