Perpetual Preferred Stock
外汇网2021-06-19 15:58:37
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A type of pferred stock that has no maturity date. The issuers of perpetual pferred stock will always have redemption privileges on such shares. Issued perpetual pferred stock will continue paying pidends indefinitely.
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Taobiz explains Perpetual Preferred Stock
Perpetual pferred stock also has a cumulative version that accumulates pidends from one period to the next. Both types of stock are designed for relatively conservative long-term investors.
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