Which of the following is incorrect with respect to preferred stock?
A) Preferred stock is largely owned by other companies rather than individual investors.
B) Preferred stock takes preference over common stock in bankruptcy proceedings.
C) Preferred stock dividends do not grow.
D) All of the statements are correct.

Question

Quizplus · Accepted Answer

All the statements provided are correct with respect to preferred stock.

Which of the Following Is Incorrect with Respect to Preferred