SIE Exam BEATS: Preferred Stock

Send us Fan Mail Preferred stock shows up all over the Series 7, and it can feel more complicated than it really is. In this episode, we make it smaller. We cover the preferred stock concepts you need to know for the exam, including: • Preferred stock vs. common stock vs. bonds • Fixed dividends and $100 par value • Current yield • Dividend priority and liquidation priority • Cumulative vs. noncumulative preferred • Dividends in arrears • Participating preferred • Adjustable-rate preferred • ...