Advantages of preferred stock over bonds
Preferred shares (preferred stock, preference shares) are the class of stock The shares are more senior than common stock but are more junior relative to debt, such as bonds. Holders of preferred stock are also prioritized over holders of common Preferred shares offer advantages to both issuers and holders of the Preferreds have some advantages over bonds, though. Many preferreds give investors the option to convert their preferred stock into common stock. You might