If Preferred Shares Are Non-Participating,then

If preferred shares are non-participating,then:

A) Preferred shareholders are not entitled to vote.
B) Preferred dividends for the year are limited to a specific rate.
C) Preferred shareholders are not entitled to a prior year's dividend once that year has passed.
D) Preferred shareholders may receive dividends in excess of a specific rate if common stockholders receive more than that specific rate.