preference share

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Related to Preference stock: preference shares, cumulative preference shares

preference share

a special type of share in a company, which has the characteristic that it confers an entitlement to a specified percentage rate of dividend that is payable in priority to the claims of ordinary shareholders. A company's share capital maybe split between ordinary shares and preference shares. Ordinary shareholders are entitled to the remaining profits that have been appropriated for the payment of dividends.
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484375 per share on the newly issued Series F preference stock, payable on September 15, 2012, to the shareholder of record on September 14, 2012.
HOUSTON, May 4 /PRNewswire/ -- Kaiser Aluminum & Chemical Corporation (KACC), the operating subsidiary of Kaiser Aluminum Corporation (KAC) (NYSE: KLU), has declared regular quarterly dividends on its preference stocks.
The underwriter for the preference stock issue is Merrill Lynch.
The Offer is conditioned upon, among other things, (i) there having been validly tendered and not withdrawn prior to the expiration of the Offer at least the number of shares of Turner Common Stock, shares of Series C 8 1/2% Convertible Preference Stock and Series D 8 1/2% Convertible Preference Stock (collectively, the "Turner Preferred Stock") (determined as if shares of Turner Preferred Stock had been converted into shares of Turner Common Stock) that, together with the shares already owned by HOCHTIEF, shall constitute two-thirds of the outstanding shares of Turner Common Stock on a fully diluted basis; and (ii) any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, having expired or been terminated.
70 percent Cumulative Preference Stock, 1993 Series ($100 par value) to an underwriting group led by Lehman Brothers, the company's Chairman of the Board Christian H.
Ridgley, president and chief executive officer, also announced the declaration of regular quarterly dividends on the company's outstanding series of preferred and preference stock.