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Variable-Rate Preferred Stock
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Variable-Rate Preferred Stock
A preferred stock paying a dividend that varies from time to time. Usually, the dividend rate is the same as the interest rate on a Treasury security. They may also be backed by mortgages or mortgage-backed securities. Variable-rate preferred stocks tend to have stable prices because a drop in the common share's price is offset by a rise in bonds, and vice versa.

variable-rate preferred stock


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Securities Act of 1933, as amended) an aggregate of $1 billion of non-cumulative, perpetual, variable rate preferred stock.
30, 2002 Virginia Electric and Power Company, a wholly owned subsidiary of Dominion (NYSE: D), announced today that it will redeem all outstanding shares of its variable rate preferred stock.
Our equity portfolio includes $7,011,285 of variable rate preferred stock with reset provisions at par.
 
 
 
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