types of prefrence shares
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Preferred shares are a hybrid form of equity that includes debt-like features such as a guaranteed dividend. The four main types of preference shares are callable shares, convertible shares, cumulative shares, and participatory shares.
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Types of Preference Shares. There are various types of Preference Shares with differences in their structure. Some of these are cumulative, non-cumulative, participating, non-participating, redeemable, irredeemable, convertible, non-convertible, callable, adjustable-rate preference shares.
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