SIE - Securities Industry Essentials Exam

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Preferred stock

Pays higher dividends than common stock and has no voting rights.
A
Pays higher dividends than common stock and has a higher level of voting rights.
B
Is more volatile than common stock and has no voting rights.
C
Is less volatile than common stock and has voting rights.
D

Explanations

Preferred stock trades more like a bond than a common stock. It pays higher dividends than common and has no voting rights. It is less volatile than common stock.

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