This type of stock does not give voting rights.
Preferred shares are a type of stock that a company issues, offering shareholders a fixed dividend from their earnings. Unlike common shares, preferred shares give priority to shareholders when it comes to payment. They do not, however, offer voting rights. As an investor, understanding the differences between preferred and common shares can help you make informed decisions about your investments. It is important to consider the potential benefits and risks associated with preferred shares before adding them to your portfolio.
