Josephiney (josephiney)
don't argue with fool
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Preferred stock is a special type of stock issued by a joint-stock company, characterized by having a higher priority than common stock in distributing dividends and remaining assets. The dividend yield of preferred stocks is fixed and independent of the company's profits and losses, and holders will receive priority returns. In addition, preferred shareholders usually do not have the right to operate and manage the company, and have predetermined dividend rates with the company. Although preferred shareholders have priority rights in the distribution of company profits and remaining assets, their shareholder rights are subject to certain limitations, such as generally not being able to request withdrawal from the company midway.
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