What is the company's preferred stock index?

Company preferred stock is the symmetry of "common stock". It is a stock issued by a joint-stock company that takes precedence over ordinary shares in distributing dividends and surplus property. Preferred stock is also a kind of right certificate without time limit, and shareholders of preferred stock generally can't ask to quit the company halfway (except a few redeemable preferred stocks).

The priority of preferred shares has the following four points:

1. When distributing the company's profits, it can be distributed according to the agreed proportion before ordinary shares.

2. When a joint stock limited company is liquidated due to dissolution, bankruptcy and other reasons, the preferred shareholders may divide the remaining assets of the company before the ordinary shareholders.

3. Preferred shareholders generally do not enjoy the right to participate in the operation of the company, that is, preferred shareholders do not have the right to vote, and they have no right to ask about the operation and management of the company, but when it comes to the shareholders' rights and interests guaranteed by preferred shares, preferred shareholders can express their opinions and enjoy the corresponding voting rights.

4. Preferred shares can be redeemed by the company. Because a company limited by shares needs to pay a fixed dividend to the shareholders of preferred shares, preferred shares are actually a form of debt for a company limited by shares, but preferred shares are different from corporate bonds and bank loans, because the rights of shareholders of preferred shares to share profits and company assets can only be exercised after the company meets the requirements of creditors.