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Blank Check Preferred Stock |
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Blank Check Preferred StockThis is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial needs, its most important use is to implement poison pills or to prevent takeover by placement of this stock with friendly investors.Blank Check Preferred Stock Similar MatchesPreferred habitat theoryPreferred habitat theoryA biased expectations theory that believes the term structure reflects the expectation of the future path of interest rates as well as risk premium. The theory rejects the assertion that the risk premium must rise uniformly with maturity, but instead profits that to the extent that the demand for and supply of funds do not match for a given maturity range, some participants will shift to maturities showing the opposite imbalances, as long as they are compensated by an appropriate risk premium whose magnitude will reflect the extent of aversion to either price or reinvestment risk. Preferred dividend coveragePreferred dividend coverageNet income after interest and taxes (before common stock dividends) divided by preferred stock dividends. Participating preferred stockParticipating preferred stockPreferred stock which, in addition to paying a specified dividend, entitles preferred stockholders to participate with holders of common stock in receiving any additional dividends. Second preferred stockSecond preferred stockPreferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock. First preferred stockFirst preferred stockA type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets. Further SuggestionsCumulative preferred stockPrior preferred stock cumulative preferred stock adjustable rate preferred stock Auction rate preferred stock (ARPS) Preferred stock agreement Convertible preferred stock Preferred stock Preferred stock ratio Auction Market Preferred Stock (AMPS) Depository preferred Dutch Auction Preferred Stock preferred stock Monthly income preferred security (MIP) Floating rate preferred Preferred equity redemption stock (PERC) Participating preferred stock Adjustable rate preferred stock (ARPS) |
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