Preferred shares never mature, however, payments to the holder are fixed in amount and can be withheld if the company wishes.

Name: Preferred shares never mature, however, payments to the holder are fixed in amount and can be withheld if the company wishes.
Brand: Quizplus
Rating: 4.9 (62 reviews)

Question

Quizplus · Accepted Answer

Preferred shares do not have a maturity date and their dividend payments are fixed, but the company can choose to withhold or suspend payment if they wish to do so.

Preferred Shares Never Mature, However, Payments to the Holder Are