Features of Preference Shares:. Preference Shares: Types, Features and Advantages Types of Preference Shares:. Preference shares are the shares that pledge with a fixed dividend to the holder, for whom payment takes precedence over the ordinary shareholders. Preference shares have several features.
Money raised … Preference shareholders have no right to vote in the annual general meeting of a company These are traded in the same way like other types of shares in the share market.
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