perpetual preferred stock

Definition

Stock without a fixed maturity date. Issuers have ability to redeem perpetual preferred stock at any time, and stocks pay dividends indefinitely. Used by conservative, long-term investors.

Use this term in a sentence

You should try and find a way to get in early on a perpetual preferred stock to get the most out of it.

​ Was this Helpful? YES  NO 6 people found this helpful.

I purchased perpetual preferred stock in XYZ Corporation to augment the returns in the fixed income portion of my portfolio.

​ Was this Helpful? YES  NO 6 people found this helpful.

They had some perpetual preferred stock and that was really cool to see and it made us very happy that there was not a fixed date.

​ Was this Helpful? YES  NO 11 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
perpetual option (XPO) tangible equity