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?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates