Message Font: Serif | Sans-Serif
No. of Recommendations: 0
After Government take over they announced suspension of dividends on common and preferred stocks, does this mean that the preferred dividends will not be accumulated until the suspension is lifted or will not be paid at all? I've always been under the impression that preferred stocks were like a loan at an agreed percentage rate and maturity date, and that it would be honored unless the company went bancrupt. Can anyone give me an answer?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.