preferred stocks extend voting rights to preferred shareholders if the preferred dividend has been omitted for some specified period, for example, 4 quarters.

Name: preferred stocks extend voting rights to preferred shareholders if the preferred dividend has been omitted for some specified period, for example, 4 quarters.
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Preferred stocks can sometimes grant voting rights to preferred shareholders if dividends are not paid for a certain period, as a protective measure for the shareholders.

Preferred Stocks Extend Voting Rights to Preferred Shareholders If the Preferred