Special rights often granted to preferred stock include a preference for receiving dividends and additional voting privileges.

Name: Special rights often granted to preferred stock include a preference for receiving dividends and additional voting privileges.
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Question

Quizplus · Accepted Answer

Preferred stock typically has a preference for receiving dividends but usually does not have additional voting privileges; in fact, it often has limited or no voting rights compared to common stock.

Special Rights Often Granted to Preferred Stock Include a Preference