first preferred stock

First preferred stock

A type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets.

first preferred stock

A class of preferred stock with a preferential claim over common stock and other preferred stock from the same issuer with respect to dividends and assets.
References in periodicals archive ?
This is the first preferred stock dividend paid since the merger of NHC and National Health Realty on October 31.
in2a received its initial common stock/debt financing from Citigroup Investments, ING Barings and a number of high visibility Wall Street players and is in the midst of securing its first preferred stock financing and structuring strategic partnerships.
SAN FRANCISCO--(BUSINESS WIRE)--June 30, 1998--Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), announced today that on July 31, 1998, it will redeem all of its 6-7/8% Redeemable First Preferred Stock, Series X, of which $43 million is currently outstanding.
The Austin-based securities firm focuses a great deal of resources on research, an approach that proved helpful in both the Autobond and the Westower case, Tejas' first preferred stock offering and first IPO.
44 percent Redeemable First Preferred Stock for a price of $25.
SAN FRANCISCO--(BUSINESS WIRE)--July 26, 1995--Pacific Gas and Electric Company announced today that on September 1 it will redeem $150 million of its perpetual redeemable first preferred stock.
First Preferred Stock, $25 Par Quarterly Dividend to be Paid Per Value Share Redeemable 5.
First Preferred Stock, Quarterly Dividend to be $25 Par Value Paid Per Share Redeemable 5.
First Preferred Stock, $25 Par Value Quarterly Dividend to be Paid Per Share Redeemable 5.
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