For more information see Common Stock vs. Preferred Stock, and Stock Classes at InvestorGuide.com.
Use preferred stock in a sentence
“ The average investor often grumbled about high level executives buying and selling preferred stock, but that was the way the corporate world worked. ”
“ I recently purchased preferred stock in XYZ company as it afforded a greater current dividend rate than its common stock and allows for conversion to common in the future. ”
“ When the company founder sold shares in his company, he made sure to reserve a different class of preferred stock for himself to make sure he maintained precedence for dividends. ”