Preferred Shares Screener

How to Use This Table

• View tabs switch the column set: Overview for the headline picture, Yield for the dividend measures, Reset for the five-year-reset arithmetic, Trading for turnover and range. The All view exposes every column, and the Columns button picks columns one by one.
• Type buttons above the table narrow the list to the structure you want — rate resets, perpetuals, floating rate, and the small negative-spread and structured cohorts. Filtering by structure first is usually faster than filtering by yield, because structure determines which columns have meaning for the row.
• Column headers sort; clicking an active header reverses the direction. The default ordering is by indicated yield.
• Filters narrow by sector, issuer, credit rating, and a minimum and maximum indicated yield. The search box accepts a symbol fragment, issuer name, or series name — it is also fed by the sitewide search on the homepage.
• Hover tooltips on column headings give the plain-English definition — the glossary below repeats those definitions with the detail and context the tooltips skip.
• Clicking a symbol opens the series profile with the prospectus terms, rating history, and dividend record; the rankings page sorts the same universe by ladder-style views. The preferred shares guide covers the instrument class from the ground up for new readers.

Column Definitions

Every column in the screener, what it shows, and where the underlying number comes from.

The Issue Types, Explained

Reading the Credit Ratings

Canadian preferred shares are rated on Pfd designations (DBRS Morningstar) and the parallel P-series (S&P): Pfd-1 or P-1 for the strongest tier, Pfd-2 or P-2 — the market's workhorse grade — through Pfd-4/P-4 and partial ratings at the weaker end. Within each tier, a "low" or "high" modifier (for example Pfd-2 low) narrows the standing further. The rating caps the credit risk of the series, but it does not eliminate rate risk: a Pfd-1 perpetual still carries the long-duration sensitivity described in the Mod Duration column.

Where the Numbers Come From

Prices, volumes, and dividend declarations come from our own daily pipeline across the TSX feed, reprocessed into the measures shown: frequency-aware annualization of dividends, computed indicated yields, reset projections from the current benchmark curve, and redemption-state flagging (rows carrying a redemption notice are highlighted in the table). The full methodology and known data limitations are documented in the preferred shares guide.

Frequently Asked Questions