a quick poem

Preferred stocks pay an average dividend of 7.5%. Before buying preferred stock they suggest you do your homework and understand them. When you own preferred stock your dividends are usually fixed and you usually have no voting rights. Preferred stock is referred to as a hybrid investment because it has characteristics of both bonds and stocks. Preferred stock dividends differ from common stock dividends in several ways. Preferred stock is generally issued with a par value that becomes the base for the dividend the fi...