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Dividend rates were lower during 2006 and most of 2007 than they were five years earlier, creating favorable conditions for calls. So by looking at preferred stocks issued during 2001 and 2002, we are able to assess how much savings to the issuing company was required to trigger a call.Each bar on this chart is a high quality preferred stock issued during 2001. Of these 35 issues, 29 have been called while six are still trading.
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