Preferred Share Dividend Yield
Dividend payments on preferred shares ("preference shares" in the UK) are set out in the prospectus. The name of the preferred share will typically include its yield at par: for example, a 6% preferred share. However, the dividend may under some circumstances be passed or reduced. The yield is the ratio of the annual dividend to the current market price, which will vary.
Read more about this topic: Dividend Yield
Famous quotes containing the words preferred, share and/or yield:
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—Victor Hugo (1802–1885)
“He was as jealous of his power as an impotent lover of his mistress, without activity of mind enough to enjoy or exert it, but could not bear a share even in the appearances of it.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Your hand
skilled to yield death-blows, might break
With the slightest turn no ill will meant
my own lesser, yet still somewhat fine-wrought,
fiery-tempered, delicate, over-passionate steel.”
—Hilda Doolittle (1886–1961)