These “First Class” Securities Come With A Few Perks
Common. By definition, it sounds plain. Ordinary. On the other hand, preferred has a much nicer connotation. It’s a descriptor indicative of an added perk or upgrade. The same is true in the financial world. Common and preferred stocks both convey equity ownership in a business. But while the former grants voting rights, the latter carries something even better: preferential dividend treatment.…








