Simon Pieman
Original Wanker
Offline
Posts: 36346
|
 |
« on: Thursday, June 2, 2005, 17:08:42 » |
|
Anybody know the difference? Really odd question I know but I'm stuck on some revision crap and can't find the answer!
|
|
|
Logged
|
|
|
|
Simon Pieman
Original Wanker
Offline
Posts: 36346
|
 |
« Reply #1 on: Thursday, June 2, 2005, 17:10:07 » |
|
Is it just that they are entitled to an additional dividend over and above the fixed percentage?
|
|
|
Logged
|
|
|
|
Kinky Tom
Snow Master Sandwich King.
Offline
Posts: 9171
|
 |
« Reply #2 on: Thursday, June 2, 2005, 17:10:11 » |
|
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.
|
|
|
Logged
|
|
|
|
Simon Pieman
Original Wanker
Offline
Posts: 36346
|
 |
« Reply #3 on: Thursday, June 2, 2005, 17:11:21 » |
|
Fucking law units :-))(
I'm sure that's the right answer, seems logical anyway
|
|
|
Logged
|
|
|
|
BrightonRed
Offline
Posts: 1126
|
 |
« Reply #4 on: Thursday, June 2, 2005, 17:12:51 » |
|
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..
|
|
|
Logged
|
nicotine, valium, vicodin, marijuana, ecstasy and alcohol...
|
|
|
Simon Pieman
Original Wanker
Offline
Posts: 36346
|
 |
« Reply #5 on: Thursday, June 2, 2005, 17:14:28 » |
|
Grand - cheers BR, that confirms my thinking.
|
|
|
Logged
|
|
|
|
Piemonte
|
 |
« Reply #6 on: Thursday, June 2, 2005, 17:14:45 » |
|
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?
|
|
|
Logged
|
|
|
|
janaage
People's Front of Alba
Offline
Posts: 14825
|
 |
« Reply #7 on: Thursday, June 2, 2005, 17:15:34 » |
|
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.
|
|
|
Logged
|
|
|
|
Simon Pieman
Original Wanker
Offline
Posts: 36346
|
 |
« Reply #8 on: Thursday, June 2, 2005, 17:20:30 » |
|
Cheers guys! My mind is so jumbled at the moment. I've had to learn all about investment stategies in security markets as well.
|
|
|
Logged
|
|
|
|
janaage
People's Front of Alba
Offline
Posts: 14825
|
 |
« Reply #9 on: Thursday, June 2, 2005, 17:22:01 » |
|
Preference participation shares carry voting rights. Try looking at www.herts.ac.uk/business/finman/ek404.htmThe woman at work tried explaining it to me but it didn't make too much sense to me.
|
|
|
Logged
|
|
|
|
|