Investment Management Certificate (IMC)

What is the key difference between ordinary shares and preference shares?

Ordinary shares pay fixed dividends; preference shares pay variable dividends Preference shares have priority over ordinary shares for dividends and capital repayment, usually with a fixed dividend Ordinary shares are only available to institutional investors Preference shares always carry voting rights; ordinary shares do not

Correct Answer:

Preference shares have priority over ordinary shares for dividends and capital repayment, usually with a fixed dividend

Access more questions from this quiz

Continue to Investment Management Certificate (IMC) for more practice questions and the full quiz experience.

Access More Questions