Debenture stock


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Related to Debenture stock: preferred stock, bonds, debenture bond

Debenture stock

A type of stock that makes fixed payments at scheduled intervals of time. Debenture stock differs from a debenture in that it has the status of equity, not debt, in liquidation.

Debenture Stock

A stock entitling the bearer to a certain fixed dividend at set periods of time. Like debenture debt, debenture stock offers fixed payments with no collateral beyond the company's performance. Unlike debenture debt, however, debenture stock is a form of equity, which puts it in a position behind all debts in the event of liquidation. Debenture stock operates almost identically to preferred stock.
References in periodicals archive ?
The debenture stocks both pay interest twice a year; the
The interest rates on the debenture stocks and preference shares are
Debenture Stock held in uncertificated form in CREST will
requested that the listing of the Debenture Stock on the Official List
06% Debenture Stock in issue at the period end is [pounds sterling]
after deducting the RPI Debenture Stock at par together with the accumulated
performance could be adversely affected if the debenture stock were not
million from its debenture stocks in the equity market.
71,182 137,856 Equity dividend paid - note 9 (4,100) (3,877) (6,271) Net cash (outflow)/inflow before management of liquid resources (3,418) (1,153) 12,493 and financing Management of liquid resources 1,670 - (15,000) Financing Buy back of debenture stock (37) - - Net proceeds from shares issued 993
Reduction in debenture stock liability 31 - - Net debt at period end (18,404) (29,595) (15,961) Analysis of changes in net debt Brought forward: Cash and cash funds 15,934 3,441 3,441 Debenture stock (31,645) (31,622) (31,622) Cumulative preference shares (250) (250) (250) Net debt brought forward (15,961) (28,431) (28,431) Movements in the period:
Interest paid on Debenture stocks (2,170) ( 2,773 )