Which of the following is not a common characteristic of preferred stock? Select one: a. Callability by the corporation b. Voting rights c. Preference as to dividends d. Preference in liquidation
Which of the following is not a common characteristic of preferred stock? Select one: a. Callability by the corporation b. Voting rights c. Preference as to dividends d. Preference in liquidation
Which of the following is not a common characteristic of preferred stock? Select one: a. Callability by the corporation b. Voting rights c. Preference as to dividends d. Preference in liquidation
Which of the following is not a common characteristic of preferred stock?
Select one:
a. Callability by the corporation
b. Voting rights
c. Preference as to dividends
d. Preference in liquidation
Definition Definition Type of stock which is granted priority over dividend distributions as compared to common stockholders. Preferred stocks also do not carry any voting rights. Notably, in a case where a company is going to be liquidated, preferred stockholders have a priority claim on the value of assets of the company as quoted in the balance sheet, as compared to the common stockholders.
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