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Shares with a fixed rate of dividend that entitle their holders to priority payment over those who hold ordinary shares of a company are called

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Shares with a fixed rate of dividend that entitle their holders to priority payment over those who hold ordinary shares of a company are called

A).  bear

B).  bull

C).  shareholder

D).  preference shares


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 preference shares



Shares with a fixed rate of dividend that entitle their holders to priority payment over those who hold ordinary shares of a company are called preference shares. Preference shares are the shares which promise the holder a fixed dividend, whose payment takes priority over that of ordinary share dividends.

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