PREFRENCES SHARE !!

FEATURES OF PREFRENCES SHARE
 1:They receive fixed dividends.
 2:The unpaid payments are paid after earning so it also have cumulative dividends feature.
 3:It has certain par value.
 4:They have participative feature.
 5:Thay also have voting right.
 6:They have feature as claims on income and assets.
 7:Sinking fund
 8:Call provision
 9:Redemption/retirement