Preferred Stock


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Related to Preferred Stock: Convertible preferred stock
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Preferred Stock

 

a stock that pays a fixed return, as opposed to common stock, for which the dividend varies according to the profits of the joint-stock company.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
In addition, it appears the transferor could have avoided having the common stock included in his estate by subsequently transferring the retained preferred stock or eliminating other rights prior to death.
To overcome the drawbacks of traditional preferred stock, ingenious Wall Street minds created VRPs.
- USD1,022.22 per share on the series A preferred stock (equivalent to USD10.2222 per normal preferred capital security of Mellon Capital IV, each representing a 1/100th interest in a share of the series A preferred stock);
There are currently 84,000 shares of Series C Preferred Stock outstanding, all of which will be converted to Common Stock on the Mandatory Conversion Date.
The new language is intended to clarify that, labels notwithstanding, stock will be treated as preferred stock under Sec.
This closing brings the total amount raised through the sale of convertible preferred stock to $85 million over the past month.
Observation: Ironically, the possibility of a failed auction--an event that has actually occurred on numerous occasions--provides the element of risk that allows a holder of auction-rate preferred stock to satisfy the 46-day standard for earning a dividends-received deduction.
A dividend of USD250.00 per share (equivalent to USD0.25000 per depositary share) will be paid on the company's floating rate non-cumulative preferred stock, series A; USD25.00 per share on its 10% non-cumulative non-voting perpetual preferred stock, series C; USD445.31 per share (equivalent to USD0.44531 per depositary share) on its series E fixed-to-floating rate non-cumulative preferred stock; USD429.69 per share (equivalent to USD0.42969 per depositary share) on its series F fixed-to-floating rate non-cumulative preferred stock.
-A dividend of USD 351.5625 per share on BB&T's Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrE)
It has declared a Series D Preferred Stock cash dividend for the third quarter of 2018 of $0.46875 per share of Series D Preferred Stock.

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