February 2013
Beginner
288 pages
6h 31m
English
Content preview from Get Started in SharesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Preference shares
Preference shares appeal to investors seeking regular stable income as they offer their owners a fixed rate of dividend each year. However, if the firm has insufficient profits the amount paid will be reduced, sometimes to zero, and therefore there is no guarantee that an annual income will be received, unlike with debt capital. Nevertheless, it is rare for a preference dividend to be missed, especially as the dividend on preference shares has to be paid before anything is paid out to ordinary shareholders. In effect, after the preference dividend obligation has been met there may be nothing left for ordinary shareholders.
Preference shares are also attractive because they offer a regular income at a higher rate of return than ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.