Preferred shareholders can anticipate receiving an annual dividend of:
A)Dollar amount per share as specified.
B)% of excess over par for each share they own.
C)% of the price at which it was issued.
D)% of the market value of the shares at the time they purchased them for each share they own.

Question

Quizplus · Accepted Answer

Preferred shareholders are entitled to receive a fixed, specified dollar amount of dividend per share annually. This amount is predetermined and stated in the prospectus or other offering documents.

Preferred Shareholders Can Anticipate Receiving an Annual Dividend Of