The Most Important Priority That an Investor in Preferred Stock

question 141

True/False

The most important priority that an investor in preferred stock enjoys is receiving cash dividends before common shareholders are paid any cash dividends.

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Definitions:

Consumers

Individuals or organizations that use or intend to use goods and services generated within the economy, fulfilling their needs and desires.

Utility

The benefits or customer value received by users of the product.

Retailing

All activities involved in selling, renting, and providing products and services to ultimate consumers for personal, family, or household use.

Marketing Activity

Any action or task carried out by a company to promote and sell its products or services, including advertising, promotions, and public relations.