preferred stock

NOUN

stock which takes dividend before others

Synonyms

WEAK

convertible preferred stock cumulative convertible preferred stock cumulative preferred stock participating preferred stock preference stock

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Strategy on Monday also said it established the reserve of U.S. dollars to support dividends on its preferred stock and interest on debt.

From The Wall Street Journal

The company also said it had established a $1.44 billion U.S. dollar reserve “to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness.”

From Barron's

The company said it had established a $1.44 billion reserve in U.S. dollars “to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness.”

From Barron's

“We could sell high-basis Bitcoin to cover our dividend needs on our preferred stock,” he said.

From Barron's

The company had planned to raise around $1 billion through the offering of preferred stock and warrants in a last-ditch attempt to avoid bankruptcy, and had so far raised $360 million through the complex deal.

From Reuters