Ryan owns 1,000 shares of preferred stock in Grant Corporation. This means that Ryan

Name: Ryan owns 1,000 shares of preferred stock in Grant Corporation. This means that Ryan
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Preferred stock typically provides holders with a fixed dividend payment, unlike common stock which may offer variable dividends. Preferred shareholders usually do not have voting rights, and whether the stock was purchased in the primary or secondary market is irrelevant to the type of stock it is.

Ryan Owns 1,000 Shares of Preferred Stock in Grant Corporation