It's not the sexiest thing going, but preferred stock, which typically yields between 6% and 9%, can play a beneficial role in income investors' portfolios. As long as those investors know exactly ...

Preferred stock is a little-known type of investment that combines the qualities of both bonds and common stocks. Preferred shares don't generate nearly the kind of excitement that common shares do.

However, there's a lesser-known alternative: preferred stock, a type of hybrid security with both equity and fixed-income characteristics. Preferred stocks still represent ownership in the company ...

Preferred stocks typically don't even make the podium when it comes to top choices for investors to include in their portfolios. But if you're an income investor and you don't already have them on ...