The dividend income on preferred stock is generally fixed and limited to a stated amount per share.

Name: The dividend income on preferred stock is generally fixed and limited to a stated amount per share.
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Preferred stock dividends are typically fixed at a certain rate per share, which means that the amount paid out to investors is predetermined and limited. This distinguishes them from common stocks, which may pay varying dividends based on a company's performance and other factors.

The Dividend Income on Preferred Stock Is Generally Fixed and Limited