Preferred shares shall be traded or transferred on the stock exchange, the national share transfer system for small and medium-sized enterprises or other securities exchange places approved by the State Council. Preferred shareholders have priority over the company's assets and profit distribution. And their risk is very small. Preferred shareholders cannot withdraw their shares, but can only be redeemed by the company through the redemption clause of preferred shares, but shares with stable dividends can be redeemed. Obtain shares for unknown reasons.
Extended data:
The main characteristics of preferred stock:
1. Preferred stocks usually have a clear dividend yield in advance. Because the dividend rate of preferred shares is fixed in advance, the dividend of preferred shares generally does not increase or decrease according to the company's operating conditions, and generally can not participate in the company's dividend, but preferred shares can get dividends before ordinary shares. For the company, because the dividend is fixed, it does not affect the company's profit distribution.
2. The scope of rights of preferred shares is small. Preferred shareholders generally have no right to vote and stand for election, nor do they have the right to vote in the major operations of joint-stock companies, but they can enjoy the right to vote in some cases.
3. If the shareholders' meeting of the company needs to discuss the creditor's rights related to the preferred stock, that is, the creditor's rights of the preferred stock take precedence over the common stock and are second to the creditors.
Baidu Encyclopedia-Preferred Stock