Thomson Reuters Corp.

Thomson Reuters Corporation Preferred 5.45% Perpetual is a type of preferred equity issued by Thomson Reuters Corporation, a leading global provider of intelligent information for businesses and professionals. This preferred stock carries a 5.45% dividend, offering investors a fixed income-like feature, with dividends typically paid out quarterly. As a perpetual preferred stock, it does not have a maturity date, providing a long-term capital structure for the issuing company while appealing to investors seeking consistent dividend income.Preferred shares like these often have higher claim priority on assets and earnings compared to common stock, and this specific issue usually ranks ahead of common shares in dividend distribution. The presence of this financial instrument in the market highlights its role in providing financial stability to the issuer by reducing the need for refinancing, thus securing a more predictable funding cost. It also attracts investors who prioritize income stability over capital appreciation, often appealing to those in sectors like financial institutions, portfolios requiring fixed income components, and corporate treasury departments.