Eelisaktsiad

Eelisaktsiad, often translated as preference shares or preferred stock, represent a class of stock that carries different rights and privileges than common stock. Holders of eelisaktsiad typically receive a fixed dividend payment before any dividends are distributed to common stockholders. This dividend payment is often stated as a percentage of the share's par value or a specific amount. In the event of a company's liquidation, eelisaktsiad holders also have a higher claim on the company's assets than common stockholders, though they are still subordinate to bondholders and other creditors.

A key characteristic of eelisaktsiad is that they generally do not grant voting rights to the shareholder. This means that eelisaktsiad holders cannot participate in the election of the board of directors or vote on major corporate decisions. However, some eelisaktsiad may include provisions that grant voting rights under specific circumstances, such as if the company fails to pay dividends for a certain period.

Eelisaktsiad can also be cumulative or non-cumulative. Cumulative eelisaktsiad require that any missed dividend payments accumulate and must be paid out before common stockholders receive any dividends. Non-cumulative eelisaktsiad do not carry over missed payments. Convertible eelisaktsiad offer the option for shareholders to convert their preference shares into a predetermined number of common shares. This feature can appeal to investors seeking the stability of preference shares with the potential for capital appreciation associated with common stock.