preference share

(redirected from Preference stock)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.
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.
Mentioned in ?
References in periodicals archive ?
A quarterly dividend on the Series K preference stock, which would result in a distribution of $0.
United States : Edison International and Southern California Edison Declare Dividends
Concurrently, the company's board announced preference stock (USD25 Capital Value) of 6.
Alabama Power declares dividends on its preferred stock
1575 per share on the Series A preference stock, payable on April 30, 2013, to shareholders of record on April 5, 2013.
Edison International and Southern California Edison Declare Dividends
28 September 2010 - Japanese commercial lender Bank of Tokyo-Mitsubishi UFJ Ltd said today it will pay JPY30bn (USD356m/EUR265m) for acquiring preference stock of troubled Gifu Bank, which will be taken over by Juroku Bank.
-Bank of Tokyo-Mitsubishi to buy Gifu Bank preference stock for JPY30bn
Southern California Edison (SCE) said on Tuesday that it plans to redeem all of the outstanding shares of its Series D preference stock on the redemption date of 31 March 2016.
Southern California Edison to redeem Series D preference stock on 31 March 2016
All shares of the Series B and C Preference Stock are held through The Depository Trust Company, and the shares will be redeemed according to The Depository Trust Company's procedures.
Southern California Edison Announces Redemption of Series B and Series C Preference Stock
Electric utility Southern California Edison (NYSE:SCE) said on Monday that it plans to redeem all of the outstanding shares of its Series A preference stock on the redemption date of 16 September 2015.
Southern California Edison to redeem Series A preference stock 16 September 2015
625 per share on the Series D preference stock, payable on March 1, 2013, to shareholders of record on February 5, 2013.
Edison International Raises Common Stock Dividend
15625 per share on the Series F preference stock, payable on December 15, 2012, to the holder of record on December 14, 2012.
Southern California Edison Declares Dividends
San Diego Gas & Electric (SDG&E) said on Tuesday that it has redeemed all of the issued and outstanding shares of its cumulative preferred stock and preference stock (cumulative).
San Diego Gas & Electric redeems USD82.6m cumulative preferred and preference stock
680555555 per share on the newly issued Series E preference stock, payable on August 1, 2012, to shareholders of record on July 5, 2012 (sted The first semi-annual dividend of $31.
Correcting SCE Series E Preference Stock Dividend Calculation and Replacing Previous News Release
Further, the board approved a quarterly series F preference stock dividend of USD35.
Edison International and Southern California Edison announce common and preferred dividends for quarter

Legal browser ?
Full browser ?