alleryStart learning →Preference share capital carries a preferential right to dividend and to:
AVoting on every matter
BFree bonus shares always
CBoard seat nomination
DCapital return on winding up
Answer & Solution
Correct answer: D. Capital return on winding up
Preference capital has priority both for dividend and for return of paid-up capital on winding up.
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Investors were historically given what as evidence of share ownership?Putable preference shares let the holder, in some conditions, to:On liquidation, a preference share's claim is relative to common stock:Most preference shares carry which voting position?Convertible preference shares can be exchanged by holders for:Non-cumulative preference dividends, if unpaid in a year:Preference shares usually rank for dividend payment:A cumulative preference share means unpaid dividend will: