The sale of preferred stock by the company is considered a ‘nonparticipating’ investment. The stockholder is eligible for dividend payments and the cost to initiate the fund, in addition to receiving the price of the current stock value.
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The sale of preferred stock by the company is considered a ‘nonparticipating’ investment. The stockholder is eligible for dividend payments and the cost to initiate the fund, in addition to receiving the price of the current stock value.
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