Privacy Policy

Last updated: June 22, 2026

Preferred Stock Research (“we,” “us,” or “the Site”) operates preferredstock.ai. This policy explains what information we collect, how we use it, and the choices you have. The Site is operated by Madison Labs. Questions? Email madisonlabs.ai@gmail.com.

The short version

We don’t sell your data, we don’t make you create an account or a password, and we collect as little as possible. The only personal detail we ever store is an email address — and only if you choose to save favorites.

What we collect

Favorites email (optional). If you save a security to your favorites, we ask for an email address so your list persists and reloads when you return. That email is used only to store and retrieve your watchlist. No password, no account.
Basic server logs. Like virtually every website, our server records standard request data (IP address, browser type, pages requested, timestamps) for security and reliability. These logs are not used to personally identify you.
Cookies. We use a small number of cookies to remember your display preferences (such as your chosen theme and plain-English vs. expert mode) and your favorites email. See “Cookies and advertising” below.

We do not collect financial-account information, Social Security numbers, or payment details, and we never ask you to enter a password.

Cookies and advertising

The Site may display advertising provided by Google AdSense and other third-party vendors. In connection with serving ads:

Third-party vendors, including Google, use cookies to serve ads based on your prior visits to this Site and/or other sites.
Google’s use of advertising cookies enables it and its partners to serve ads to you based on your visit to this Site and/or other sites on the Internet.
You may opt out of personalized advertising by visiting Google Ads Settings. You can also opt out of some third-party vendors’ use of cookies for personalized advertising at aboutads.info.

Affiliate links

Some links on the Site may be affiliate links. If you click one and open an account or make a purchase, we may earn a commission at no additional cost to you. Affiliate relationships never influence the data we show or how securities are ranked — yields, par values, call dates, and other figures come from market data and SEC filings, not from advertisers.

How we use information

To provide and maintain the Site and its features (such as favorites).
To keep the Site secure and to diagnose technical problems.
To display advertising that helps keep the Site free.

We do not sell, rent, or trade your email address or personal information.

Data sources

Market and dividend data are powered by Tiingo. Company reference data, prospectuses, and filings are sourced from SEC EDGAR. We are not affiliated with these providers.

Your choices

You can browse the entire Site without giving us any personal information.
You can remove your favorites email at any time using the sign-out control in the Site header.
You can clear or block cookies in your browser settings; some preferences may not be remembered if you do.
To request deletion of a stored favorites email, email madisonlabs.ai@gmail.com.

Children’s privacy

The Site is intended for adults making their own research decisions and is not directed to children under 13. We do not knowingly collect information from children under 13.

Changes to this policy

We may update this policy from time to time. Material changes will be reflected by the “Last updated” date above.

Contact

Questions about this policy or your data? Email madisonlabs.ai@gmail.com.

Preferred Stock Research is a research and information tool, not a broker-dealer or investment adviser, and nothing on the Site is investment advice. See our Terms of Use.

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at

A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.

Income & dividends

Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.

Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."

Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.

Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.

Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.

Price & value

Recent Market PriceThe latest market quote, delayed at least 20 minutes.

Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.

Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.

Call & redemption

Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.

RedeemableWhether the issuer has the right to buy it back at all.

Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.

Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.

Dividend terms & structure

CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.

Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.

Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.

MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.

ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.

Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.

SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.

IssuedThe date the security first settled — when it came to market.

Shares OfferedHow many shares (or depositary shares) were sold in the original offering.

Finding your way around

SearchLook up any symbol or company in the box at the top.

Lists & ScreenerBrowse by highest yield, largest discount, monthly payers, ETFs and more.

Ask the dataThe chat box answers plain questions like “highest-yield monthly REIT under par.”

$10K CalculatorSee what a past investment would be worth today.

This is information, not investment advice.

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