Types of shares
- Ordinary shares; are shares which do not carry a fixed rate of return (dividend). These shares receive only dividends after all preference shares have paid
- Cumulative preference shares; are shares which are entitled to dividends irrespective of whether the company has made profits of incurred losses in a given period
- Preference shares; are shares that carry a fixed rate of return (dividend). However, if no profits are made in the given period, no dividends are paid
CATEGORIES Economics
TAGS Dr. Bbosa Science
