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Investment Underground looked for a few solid non-financial Preferred shares for all you yield junkies out there. Here a a few picks:

BioMed Realty (BMR.PA): BioMed Realty (BMR) is on solid ground with ample free cash flow and decent business tailwinds in 2011. The yield is 7.32% on the Series A.

Symbol Open High Low Close Net
Chg
%Chg Vol 52 Week
High
52 Week
Low
Div Yield YTD
%Chg
BioMed Realty Trust 7.375% Redeem. Series A BMR.PA 25.06 25.16 25.01 25.15 0.09 0.36 19,940 25.64 21.90 1.84 7.32 0.56



Comcast (CCW); Comcast (CMCSK, CMCSA) is a cash flow machine. The Series B notes yield 6.85%.

Symbol Open High Low Close Net
Chg
%Chg Vol 52 Week
High
52 Week
Low
Div Yield YTD
%Chg
Comcast 7.00% Notes Series B 2055 CCW 25.55 25.58 25.51 25.54 -0.02 -0.08 32,027 26.70 24.10 1.75 6.85 0.95


Developers Diversified Realty (DDRG): Developers (DDR) preferred 1/10th share units of the Class G are still yielding almost 8% close to par. The current ratio is only 0.72 but risks to preferred holders are relatively low.

Symbol Open High Low Close Net
Chg
%Chg Vol 52 Week
High
52 Week
Low
Div Yield YTD
%Chg
Developers Diversified Realty Dep. Shs (Rep. 1/10th of a share of 8.00% Cl G Cum. Redeem. pfd.) DDRG 25.09 25.14 25.05 25.06 -0.03 -0.12 310,805 25.44 21.67 2.00 7.98 0.56


Chesapeak Energy Convertible Preferreds (CHKD): The 4.5% convertibles are selling at a discount to par 100 and offer upside potential to buyers of this natural gas powerhouse Chesapeake Energy (CHK).

Symbol Open High Low Close Net
Chg
%Chg Vol 52 Week
High
52 Week
Low
Div Yield YTD
%Chg
Chesapeake Energy 4.50% Cum. Conv. CHKD 94.75 96.00 94.72 95.30 0.61 0.64 5,233 100.01 75.00 4.50 4.72 8.36


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 4 Non-Bank Preferred Stocks for the Ultimate Yield-Junkie Portfolio