Holders of Have a Right to Be Paid Both Current

question 159

Essay

Holders of have a right to be paid both current and all prior periods' unpaid dividends before any dividend is paid to ordinary shareholders.

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Definitions:

Price of The Stock

The current market value at which a single share of a company's stock can be bought or sold.

Market Rate of Return

The average returns earned by investors in the market as a whole, often considered as the benchmark return.

Annual Dividend

The yearly sum paid by a company to its shareholders out of its earnings.

Market Price

The ongoing market rate for assets or services being bought or sold.