preference shares

Noun

Meaning

stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

Source: WordNet

Synonyms

preferred stock preferred shares

Hypernyms

stock

Hyponyms

cumulative preferred stock cumulative preferred

Examples

Aviva has abandoned plans to cancel its preference shares. Source: Internet

The New Preference Shares will be perpetual in nature, carry an 8.00% annual cumulative cash dividend, and will be callable by SiriusPoint on each fifth anniversary of the closing of the Merger or upon certain other events. Source: Internet

Investors were relieved to hear on Wednesday that Lloyds Bank had no plans to cancel its "irredeemable" preference shares at par, but those invested in the market want to clarify their position under UK law. Source: Internet

The effect of this is that BEL can now sell 10 million dollars worth of preference shares at 5% to Social Security. Source: Internet

The dividends have been accumulating since 2014 when preference shares were issued and the company did not have capacity to meet the semi-annual preference dividend obligations. Source: Internet

First listed in August 1961, the shares were issued at a price of DM 350 per DM 100 share, Volkswagen AG shares are now separated into two different types or classes: ' ordinary shares ' and ' preference shares '. Source: Internet

Close letter words and terms

preference for the night preference rules preference share preference stock preference to be alone preference-receiving