What is Preferred Stock? | SIE, SERIES6, SERIES7 Exam Prep

Preferred stock is a hybrid security with features of both stocks and bonds, offering fixed dividends and priority over common stock in liquidation. 📚 Learn more about Preferred Stock and other key terms for your SIE, SERIES6, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Preferred Stock definition: https://www.open-exam-prep.com/glossary/preferred-stock 💡 Exam Tip: Cumulative preferred must receive ALL missed dividends before common gets any. --- #securities #examprep #financeexam #sie #series6 #series7