________ stock has dividends paid as a percentage of the par value of the stock.

Question

Quizplus · Accepted Answer

Preferred stock is the type of stock that generally pays fixed dividends as a percentage of the par value of the stock. This is unlike common stock, which pays variable dividends that are determined by the company's profits and board of directors' decision. Over-the-counter and penny stocks refer to the markets where the stocks are traded, and do not necessarily relate to the dividend payout structure of the stock.

________ Stock Has Dividends Paid as a Percentage of the Par