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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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
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
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
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
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

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