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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* A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III's 5.75% Trust Preference Securities, payable on September 15, 2019, to the shareholder of record on September 13, 2019.
In addition, the company's board of directors has declared a dividend of USD0.3516 per share on its 5.625 percent perpetual non-cumulative preference stock with a USD25 liquidation preference per share.
He also signalled no change in strategy compared to his predecessor in terms of converting non-voting preference stock into common stock, something preference share holders have long campaigned for.
P&G said in a statement it had received tenders for 11.42% of ordinary shares, according to preliminary results after the close of its offer period on Wednesday, as well as 6.21% of the firm's widely traded preference stock. Having agreed to buy 77.6% of ordinary shares from the descendants of Wella's founder in March, P&G had already secured more than three quarters of the votes needed to control the firm, but only 50.7% of the share capital.
The French firm will invest USD2.75 billion in NTL ordinary shares and USD2.75 billion in preference stock, bringing its stake to 25% of the diluted capital.
Qualification is a minimum shareholding of 1,200 ordinary stock units or pounds 2,500 of the Banks preference stock.
The company also declared the following quarterly dividends on its preferred and preference stock, payable Jan.
This new database delivers prospectus summaries and other key data on over 11,000 issues encompassing long-term corporate bonds, preferred and preference stock issues, and warrants.
A CEO friend of mine not long ago postulated, "Nothing is sacred anymore!" He was referring to a recent article in the Wall Street Journal that had reported the potential downgrading of IBM's long-term debt by Moody's and the delay of a public offering of $1 billion in preference stock by General Motors.
(TSX: BAM.A) (NYSE:BAM) (Euronext: BAMA) has said that it has determined the quarterly dividend on its series 25 class A floating rate cumulative Preference stock (TSX: BAM.PR.S).
Additionally, Southern California Edison (SCE) today declared the following dividends: A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust IIs 5.10% Trust Preference Securities.
junior subordinated ratings, one preference stock rating, and 10