@saswataghosh
Saswata Ghosh
@saswataghosh · 1:04

Stocks

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So the difference is, while the holder of the former has voting rights that can be exercised in corporate decisions later, the rent. However, preferred shareholders are legally entitled to receive a certain level of dividend payments before any dividends can be issued to other shareholders. There is also something called convertible preference here. So this is basically a preferred stock with an option of converting into a fixed number of common shares, usually any time after the predetermined date

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