WaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield

Core Viewpoint - WaFd (NASDAQ: WAFD) is a large regional bank with a significant presence in the western United States, noted for its attractive yield on preferred shares [1] Group 1: Company Overview - WaFd operates primarily in the western United States and has been highlighted for its preferred shares, which have shown a rally due to favorable market expectations [1] Group 2: Investment Focus - The analysis emphasizes income investing strategies, including common shares, preferred shares, and bonds, indicating a targeted approach to generating returns [1]