Which one of the following has a claim to dividends and also a superior claim over common stock?

Question

Quizplus · Accepted Answer

Preferred stock has a claim to dividends (usually at a fixed rate) and also has a superior claim over common stock in the event of liquidation. Callable bonds, convertible bonds, put bonds, and equipment trust certificates do not necessarily have a claim to dividends and do not have a superior claim over common stock.

Which One of the Following Has a Claim to Dividends