30 Dec '13, 2am

Preference shares listed on sgx

Preference shares are quite similar to bonds. Unlike bonds, preference shares might not be able to pay out dividends in certain years, but that usually means that the ordinary shares holders won’t get their dividends too. If bond issuers are unable to pay out coupons, they will be in default and that’s very serious because it means that a lot of debtors will also be howling for their blood.

Full article: http://thefinance.sg/2013/12/30/preference-shares-listed-...

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