Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,944,231 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

PEPS

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia 0.01 sec.
PEPS
A participating preferred stock that may be converted to common stock by a certain date. Like all participating preferred stock, a PEPS entitles the shareholder to a certain minimum dividend. The dividend paid may be higher than the minimum, depending upon company performance. In any case, these dividends must be paid before any dividends are paid on common stock; if a company is unable to pay dividends on participating preferred stock, stockholders have the right to force the liquidation of the company. The conversion feature of a PEPS gives it a great deal of flexibility for the shareholder.

PEPS


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
How they shape up PEPS have been top performers in the investment stakes ever since they were introduced.
The PEPS Units series B consist of a forward purchase contract requiring holders to purchase PPL Corp.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.