Which of the following is a basic right of a preferred stockholder?

Name: Which of the following is a basic right of a preferred stockholder?
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Question

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A basic right of a preferred stockholder is to receive a dividend. This dividend may be fixed or variable, but it must be paid out before common stock dividends are paid. Preferred stockholders do not typically have voting rights or preemptive rights, and they are not entitled to excess assets after creditor claims are satisfied.

Which of the Following Is a Basic Right of a Preferred