Question

write characteristics of preference shares
?
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Answer 1

Explanation:

Features of preference shares:

Dividends for preference shareholders.

Preference shareholders have no right to vote in the annual general meeting of a company.

These are a long-term source of finance.

Dividend payable is generally higher than debenture interest.

Right on assets when the company is liquidated.

Par value of preference shares.

Answer 2

Explanation:

Features of preference shares:

Dividends for preference shareholders.

Preference shareholders have no right to vote in the annual general meeting of a company.

These are a long-term source of finance.

Dividend payable is generally higher than debenture interest.

Right on assets when the company is liquidated.

Par value of preference shares.