Preferred Stock

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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.

References in periodicals archive ?
The Series 11 Preferred Shares and the Series 12 Preferred Shares have not been and will not be registered in the United States under the United States Securities Act of 1933, as amended (the Securities Act), or the securities laws of any state of the United States and may not be offered, sold or delivered, directly or indirectly in the United States or to, or for the account or benefit of, a U.
343750 per share on Series 36 preferred shares and CAD0.
Dividends on preferred shares are also subject to the Part IV.
The dividend rate applicable to the Series 5 Preferred Shares for the 5-year period commencing on December 20, 2016, and ending on December 19, 2021, and the dividend rate applicable to the Series 6 Preferred Shares for the 3-month period commencing on December 20, 2016, and ending on March 19, 2017, will be determined and announced by way of a news release on November 21, 2016.

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