Preferred stock takes preference over common in a liquidation and provides a fixed dividend.

Also, unlike common stock, a preferred stock pays a fixed dividend that does not fluctuate.

The issue carries a fixed dividend of 8.5 percent, substantially higher than the current yield of 3.6 percent on the common shares.

In particular, preferred shares offer a fixed dividend, like bonds and unlike ordinary shares.

A series of experiments involved a single asset which pays a fixed dividend during each of 15 periods and then becomes worthless.

Shares in this category receive a fixed dividend, which means that a shareholder would not benefit from an increase in the business' profits.

The shares may entitle the holder(s) to a fixed dividend, but usually there is also a "participating dividend".

State whether any class of share detailed at 3 above carries a right to only a fixed dividend and no other share in the profits.

Most preferred stock has a fixed dividend and trades like bonds, rising in price when interest rates fall.

With preferred shares investors are usually guaranteed a fixed dividend forever.