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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 dividend coveragePreferred dividend coverageNet income after interest and taxes (before common stock dividends) divided by preferred stock dividends. Cumulative preferred stockCumulative preferred stockPreferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. Dutch Auction Preferred StockDutch Auction Preferred StockA form of adjustable-rate preferred stock in which the dividend is ascertained in a Dutch Auction process by corporate bidders every seven weeks. Auction rate preferred stock (ARPS)Auction rate preferred stock (ARPS)Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. Floating rate preferredFloating rate preferredPreferred stock paying dividends that vary with short-term interest rates. Further SuggestionsAuction Market Preferred Stock (AMPS)Monthly income preferred security (MIP) Participating preferred stock Preferred stock ratio Depository preferred adjustable rate preferred stock participating preferred stock Preferred stock cumulative preferred stock Prior preferred stock Adjustable rate preferred stock (ARPS) preferred stock Preferred equity redemption stock (PERC) Preferred stock agreement Convertible preferred stock Second preferred stock First preferred stock Preferred habitat theory |
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