Preferred shares have been around for over 200 years. It all began in 1878 when the Pennsylvania Railroad Company issued perpetual preferreds at a 6% coupon to raise capital without diluting its shareholders andRida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking ...