Question

meetings and prospects of foreign company​

Answer 1

Answer:

Cumulative: Most preferred stock is cumulative meaning that if the company withholds part, or all, of the expected dividends, these are considered dividends in arrears and must be paid before any other dividends.

Participating: Preferred stock has a fixed dividend rate. If the company issues participating preferreds, those stocks gain the potential to earn more than their stated rate. The exact formula for participation will be found in the prospectus.

Non convertible : Non convertible preference share means the share will not be converted into equity shares, but will be redeemed as preference share only. The 7.5% means the company will pay a fixed return of 7.5 % on the face value of the. preference share.