What is preference share

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Posted by Samra Sheikh 8 years, 6 months ago
- 2 answers
Manika Tyagi 8 years, 6 months ago
Preference shares are those which carry the following two rights:
(i) They have the right to receive dividend at a fixed rate before any dividend is paid on the equity shares.
(ii) When the company is wound up,they have a right to the return of capital before that of equity shares.
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Vivek Kanojiya 8 years, 6 months ago
1Thank You