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WaFd: Solid 7.2% Yield From Preferred Shares

WaFd (NASDAQ: WAFD ) is a large regional bank with a presence in the western United States. The bank has grown thanks to a merger with Luther Burbank. In addition to common shares, the bank offers a preferredAbout My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publication o ...