Common stockholders' rights include all of the following except:
A) fixed dividend yield
B) voting
C) first option to purchase new shares
D) residual claim to income

Question

Quizplus · Accepted Answer

Common stockholders do not have a fixed dividend yield, as dividends are typically declared at the discretion of the company's board of directors. Common stockholders do have rights to vote on matters of significance to the company, such as election of board members and approval of mergers or acquisitions. They also have a residual claim to income, meaning that they receive any remaining profits after all other obligations have been met. Additionally, common stockholders may have the option to purchase new shares, although this is not always the case.

Common Stockholders' Rights Include All of the Following Except