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Title: Preference/Participating Preference Shares Post by: Simon Pieman on Thursday, June 2, 2005, 15:51:54 Anybody know the difference? Really odd question I know but I'm stuck on some revision crap and can't find the answer!
Title: Preference/Participating Preference Shares Post by: Simon Pieman on Thursday, June 2, 2005, 15:53:19 Is it just that they are entitled to an additional dividend over and above the fixed percentage?
Title: Preference/Participating Preference Shares Post by: Kinky Tom on Thursday, June 2, 2005, 15:53:23 Sorry mate, despite working at the Institute of Chartered Accountants I have no idea, I'm sure no-one elso in my department has the faintest either.
Title: Preference/Participating Preference Shares Post by: Simon Pieman on Thursday, June 2, 2005, 15:54:33 Fucking law units :-))(
I'm sure that's the right answer, seems logical anyway Title: Preference/Participating Preference Shares Post by: BrightonRed on Thursday, June 2, 2005, 15:56:03 Participating preference shares
Definition (UK specific) Preference shares which, in addition to paying a specified dividend, entitle preference shareholders to participate in receiving an additional dividend if ordinary shareholders are paid a dividend above a stated amount. Not sure if that'll help.. Title: Preference/Participating Preference Shares Post by: Simon Pieman on Thursday, June 2, 2005, 15:57:40 Grand - cheers BR, that confirms my thinking.
Title: Preference/Participating Preference Shares Post by: Piemonte on Thursday, June 2, 2005, 15:57:57 Quote from: "simon pieman" Is it just that they are entitled to an additional dividend over and above the fixed percentage? I think thats right. I think they can have greater voting rights too? Title: Preference/Participating Preference Shares Post by: janaage on Thursday, June 2, 2005, 15:58:46 Preference shares are paid in preference of other share holders, important if business goes belly up. According to Zurich's technical investment unit. I will get info on the other one in a sec.
Title: Preference/Participating Preference Shares Post by: Simon Pieman on Thursday, June 2, 2005, 16:03:42 Cheers guys! My mind is so jumbled at the moment. I've had to learn all about investment stategies in security markets as well.
Title: Preference/Participating Preference Shares Post by: janaage on Thursday, June 2, 2005, 16:05:13 Preference participation shares carry voting rights.
Try looking at www.herts.ac.uk/business/finman/ek404.htm The woman at work tried explaining it to me but it didn't make too much sense to me. |