Okay, instead, let me educate you a bit on sand fleas, so when you come home from a day on the beach with itchy welts all over your legs and feet, youâll know what happened. Also, because Iâve been researching the stupid things for two days and it seems a shame not to share. First off, sand fleas arenât insects. Theyâre teeny tiny crustaceans. Too little to boil and serve with melted butter. They actually resemble shrimp, and, howâs this for irony-- I actually saw a dead one on my towel at the beach, picked it up and studied it for a few seconds, and decided it was a brine shrimp.
Preferred stock (also called preferred shares, preference shares or simply preferreds) is a type of stock which may have any combination of features not possessed by common stock including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument.
What is callable preferred stock ? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what type of stock would you want to buy personally and why? A callable preferred stock is when a company issues stock to its investor(s) at a fixed rate, but has the option of regaining the stock after a designated date in the future at the issued price. The stock can be purchased back at a certain price or at a higher or lower rate depending on the market value of the stock. Corporations issue such stock due to the cash producing potential from quarterly dividends and preferred stockholders cannot vote for any company issues. The different features that are associated with stock are callable, preferred, cumulative, and convertible stocks.