GREY:WFEMF - Post by User
Comment by
kilgoron Feb 13, 2014 4:08pm
189 Views
Post# 22206898
RE:RE:RE:RE:RE:Preferred shares
RE:RE:RE:RE:RE:Preferred shares
Preferred shares have NO Voting Rights....... They have the first claim against the assets on liquidation and as well as the first slice of the pie when dividends are declared.
"There are certainly pros and cons when looking at preferred shares. Preferred shareholders have priority over common stockholders on earnings and assets in the event of liquidation and they have a fixed dividend (paid before common stockholders), but investors must weigh these positives against the negatives, including giving up their voting rights and less potential for appreciation."
Preferred shares have similar properties of Debt. They are paid a fix rate of return via a dividend.....
So... that means our mine has the potential to produce Dividends !!!