Preferred stock is often considered a quasi-debt since it yields a fixed periodic payment.

Name: Preferred stock is often considered a quasi-debt since it yields a fixed periodic payment.
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Preferred stock is a type of stock that pays a fixed dividend, similar to bond interest payments. This fixed, periodic payment makes it more similar to debt than common stock, which does not guarantee any dividend payments.

Preferred Stock Is Often Considered a Quasi-Debt Since It Yields