Since preferred stock is a form of ownership, it has no maturity date.

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Preferred stock, like common stock, represents ownership in a company and does not have a maturity date. Unlike bonds, which have a stated maturity date at which the principal is repaid, preferred stock does not have a fixed date for repayment. Instead, it pays a fixed dividend to shareholders, typically on a quarterly basis, until the company redeems the shares or the shares are sold on the open market.

Since Preferred Stock Is a Form of Ownership, It Has