(03-12-2019, 04:50 AM)crimsonghost747 Wrote: Sounds like preferred stock.
https://www.investopedia.com/terms/p/preferredstock.asp
In general yes they are safe to invest in but be sure to understand how this specific one works, if it's callable or convertible etc. Always know what you are getting yourself into.
Do you know why the price is always around $25? in some places the name also says 6.45% dividends. Where does the $25 price come from? It doesn't look like it's set by the market like other stocks.