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:
“At length he would call to let us know where he was waiting for us with his canoe, when, on account of the windings of the stream, we did not know where the shore was, but he did not call often enough, forgetting that we were not Indians.... This was not because he was unaccommodating, but a proof of superior manners. Indians like to get along with the least possible communication and ado. He was really paying us a great compliment all the while, thinking that we preferred a hint to a kick.”
—Henry David Thoreau (1817–1862)
“I do not share the gloomy thought that Negroes in America are doomed to be stomped out bodaciously, nor even shackled to the bottom of things. Of course some of them will be tromped out, and some will always be at the bottom, keeping company with other bottom-folks.”
—Zora Neale Hurston (1891–1960)
“Do you really think, Arthur, that it is weakness that yields to temptation? I tell you that there are terrible temptations that it requires strength, strength and courage, to yield to.”
—Oscar Wilde (1854–1900)