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:
“The earlier works of a man of genius are always preferred to the newer ones, in order to prove that he is going down instead of up.”
—Victor Hugo (1802–1885)
“To recover a buried treasure without having it disappear miraculously in the process, one must be entitled to it, and also be willing—really willing deep in his heart—to share it with the poor and helpless. Buried money, especially silver, gives off a bright glow which comes right up through the earth and can be seen as a dim light on nights when the weather is misty or there is a gentle rain.”
—Administration in the State of Ariz, U.S. public relief program (1935-1943)
“If others surpass you in knowledge, in charm, in strength, in fortune, you have other causes to blame for it; but if you yield to them in stoutness of heart you have only yourself to blame.”
—Michel de Montaigne (1533–1592)