 Definition of Priority dividend shares (non-voting) (PDS) - Finance dictionary
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Priority dividend shares (non-voting) (PDS) ((See Chapter 25 of the Vernimmen))
In compensation for abandoning their voting rights, the holders of priority dividend shares are entitled to a dividend that is paid out before the ordinary dividend, and also sometimes larger than the ordinary dividend. Their reduced liquidity (see liquidity – shares) often results in a discount on their price compared to ordinary shares. Priority dividend chares are one of the categories of privileged shares.
Priority dividend shares (non-voting) (PDS) ((See Chapter 25 of the Vernimmen))
In compensation for abandoning their voting rights, the holders of priority dividend shares are entitled to a dividend that is paid out before the ordinary dividend, and also sometimes larger than the ordinary dividend. Their reduced liquidity (see liquidity – shares) often results in a discount on their price compared to ordinary shares. Priority dividend chares are one of the categories of privileged shares.
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Definitions of terms begining
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Priority dividend shares (non-voting) (PDS) ((See Chapter 25 of the Vernimmen))
In compensation for abandoning their voting rights, the holders of priority dividend shares are entitled to a dividend that is paid out before the ordinary dividend, and also sometimes larger than the ordinary dividend. Their reduced liquidity (see liquidity – shares) often results in a discount on their price compared to ordinary shares. Priority dividend chares are one of the categories of privileged shares.
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