The amount of preferred stock dividends that must be paid each year may be stated in dollars or as a percentage of the firm's earnings.

Name: The amount of preferred stock dividends that must be paid each year may be stated in dollars or as a percentage of the firm's earnings.
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Preferred stock dividends are typically stated as a fixed amount per share or as a percentage of the par value, not as a percentage of the firm's earnings.

The Amount of Preferred Stock Dividends That Must Be Paid