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.
What is a 'Preferred Stock' A preferred stock is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. Preferred shares generally have a dividend that must be paid out before dividends to common shareholders, and the shares usually do not carry voting rights. Preferred stock combines features of debt, in that it pays fixed dividends, and equity, in that it has the potential to appreciate in price. The details of each preferred stock depend on the issue.