Preferred stockholders do not have voting rights but do have a preference with respect to dividend payments.

Name: Preferred stockholders do not have voting rights but do have a preference with respect to dividend payments.
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Question

Quizplus · Accepted Answer

This is a correct statement. Preferred stockholders do not typically have the right to vote on corporate matters, but they do have priority over common stockholders when it comes to receiving dividend payments.

Preferred Stockholders Do Not Have Voting Rights but Do Have