Schaumburg, Illinois - Basic Facts. The Village of Schaumburg had a population of 75,878 as of July 1, 2016. Schaumburg ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.
Preference shares are the shares that carry preferential rights on the matters of payment of dividend and repayment of capital. Payment of dividend. The dividend is paid after the payment of all liabilities. Priority in payment of dividend over equity shareholders.
Kinds of Stock The main classes of stock, based on the way dividends are paid on the stock, are common, preferred, and cumulative preferred. Common stock. This type of stock receives an equal part of the profits on each share to be distributed after all other obligations of a company have been satisfied. Thus, if there are 1,000 shares of common stock, and if $5,000.00 is to be distributed to the holders of this stock, each share will receive a dividend of $5.00. If the par value of the stock is $100.00, the company may declare a dividend of 5% instead of $5.00 per share. Notice that 5% of $100 and $5.00 mean the same thing. Preferred stock.