non-participating preferred stock

简明释义

非参加优先股

英英释义

Non-participating preferred stock is a type of preferred stock that does not allow shareholders to participate in the company's profits beyond the fixed dividend rate.

非参与优先股是一种优先股,股东无法在公司利润中获得超过固定股息率的收益。

例句

1.Investors in the company were primarily interested in the returns from the non-participating preferred stock 非参与优先股 rather than common shares.

公司的投资者主要对非参与优先股 non-participating preferred stock 的回报感兴趣,而不是普通股。

2.In the event of liquidation, holders of non-participating preferred stock 非参与优先股 are paid before common stockholders.

在清算事件中,非参与优先股 non-participating preferred stock 的持有者会在普通股股东之前获得支付。

3.The non-participating preferred stock 非参与优先股 pays a fixed dividend, which is appealing to conservative investors.

非参与优先股 non-participating preferred stock 支付固定的股息,这对保守型投资者很有吸引力。

4.Investors should carefully consider the terms of non-participating preferred stock 非参与优先股 before making an investment.

投资者在进行投资前应仔细考虑非参与优先股 non-participating preferred stock 的条款。

5.The company issued non-participating preferred stock 非参与优先股 to raise capital without diluting common equity.

公司发行了非参与优先股 non-participating preferred stock以筹集资金,而不稀释普通股权益。

作文

In the realm of finance and investment, understanding various types of securities is crucial for making informed decisions. One such security is the non-participating preferred stock, which plays a significant role in corporate financing. This type of stock offers investors a fixed dividend, but it does not allow them to participate in any additional profits beyond that fixed amount. To fully grasp the implications of non-participating preferred stock, it is essential to explore its characteristics, benefits, and drawbacks.Firstly, let’s define what non-participating preferred stock is. Preferred stock, in general, is a class of ownership in a corporation that has a higher claim on assets and earnings than common stock. Preferred shareholders receive dividends before common shareholders and have priority over them in the event of liquidation. However, non-participating preferred stock limits the shareholder's benefits to the fixed dividend rate without offering any additional payouts if the company performs exceptionally well.The main characteristic of non-participating preferred stock is its fixed dividend. For instance, if a company issues non-participating preferred stock with a dividend rate of 5%, shareholders will receive this amount annually, regardless of how much profit the company generates. If the company performs well and decides to distribute a larger dividend to common shareholders, non-participating preferred stock holders will not benefit from this increase. This feature can be both an advantage and a disadvantage.One of the primary benefits of non-participating preferred stock is its stability. Investors who prefer predictable income streams often gravitate towards this type of stock because they can rely on receiving their fixed dividends. This predictability is particularly appealing in volatile markets where common stocks may fluctuate significantly in value. Additionally, non-participating preferred stock usually comes with a higher claim on assets compared to common stock, providing an extra layer of security for investors.However, the lack of participation in additional profits can be seen as a downside. For example, if a company experiences substantial growth and decides to distribute higher dividends to its common shareholders, those holding non-participating preferred stock will miss out on this opportunity. This limitation can deter some investors who are looking for growth potential in their investments. Moreover, during times of financial distress, while preferred shareholders may still receive their fixed dividends, their overall returns may not keep pace with inflation or market performance.In conclusion, non-participating preferred stock represents a unique investment option that caters to risk-averse investors seeking steady income. While its fixed dividend provides a level of security, the inability to share in additional profits can limit the potential returns. Understanding the nuances of non-participating preferred stock is essential for any investor looking to diversify their portfolio and make informed investment choices. As with any investment, it is crucial to weigh the benefits against the drawbacks and consider individual financial goals when deciding whether to invest in this type of security.

在金融和投资领域,理解各种类型的证券对于做出明智的决策至关重要。其中一种证券是非参与优先股,它在公司融资中发挥着重要作用。这种股票为投资者提供固定的股息,但不允许他们参与超过该固定金额的额外利润。为了充分理解非参与优先股的含义,有必要探讨其特征、优点和缺点。首先,让我们定义一下什么是非参与优先股。优先股一般是指公司的一种所有权类别,其对资产和收益的索取权高于普通股。优先股东在普通股东之前获得股息,并在清算时享有优先权。然而,非参与优先股限制了股东的利益,仅限于固定的股息率,而不提供任何额外的支付,如果公司表现特别好。非参与优先股的主要特征是其固定股息。例如,如果一家公司发行了股息率为5%的非参与优先股,股东每年将收到这一金额,无论公司产生多少利润。如果公司表现良好并决定向普通股东分配更高的股息,持有非参与优先股的股东将无法从中受益。这一特性既可以是优势,也可以是劣势。非参与优先股的主要优点之一是其稳定性。喜欢可预测收入流的投资者通常会倾向于这种类型的股票,因为他们可以依赖于获得固定的股息。这种可预测性在普通股票可能会显著波动的动荡市场中特别吸引人。此外,非参与优先股通常在资产索取权上比普通股更高,为投资者提供了一层额外的安全保障。然而,缺乏参与额外利润的机会也可以被视为一个缺点。例如,如果一家公司经历了大幅增长并决定向其普通股东分配更高的股息,那么持有非参与优先股的投资者将错失这一机会。这一限制可能会使一些寻求投资增长潜力的投资者却步。此外,在财务困境时期,虽然优先股东仍然可以获得固定股息,但他们的整体回报可能无法跟上通货膨胀或市场表现。总之,非参与优先股代表了一种独特的投资选择,适合那些寻求稳定收入的风险厌恶型投资者。虽然其固定股息提供了一定程度的安全性,但无法分享额外利润可能会限制潜在回报。理解非参与优先股的细微差别对于任何希望多样化其投资组合并做出明智投资选择的投资者来说都是至关重要的。与任何投资一样,在决定是否投资这种类型的证券时,权衡优缺点并考虑个人财务目标至关重要。

相关单词

preferred

preferred详解:怎么读、什么意思、用法