Preference Dividends
From bib. source
These are the dividends paid to preference shareholders who, unlike ordinary shareholders, are not the owners of the business. Preference dividends must be paid before ordinary dividends, […]. Generally, they are a fixed amount for each preference share.
As it says above, preference dividends are dividends that are typically payed as a fixed amount per share to shareholders who do not own the company prior to ordinary shareholders getting their dividends paid.
preference_dividend preference_dividends preference_shareholders preference_shareholder ordinary_shareholder ordinary_shareholders dividend finance accounting
bibliography
- “The Profit and Loss Account in More Detail.” In Accounting and Finance for Managers, 25–37. The Fast Track MBA Series. Dover, NH: PriceWaterhouseCoopers, 1999.