WaFd: Solid 7.2% Yield From Preferred Shares
Group 1 - WaFd is a large regional bank operating in the western United States, having expanded through a merger with Luther Burbank [1] - The bank offers both common shares and preferred shares as part of its investment options [1] Group 2 - The article is focused on income investing strategies, including common shares, preferred shares, and bonds [1] - The author has a background in history, political science, and an MBA with a specialization in Finance and Economics [1]