Zero Dividend Preference Share

(redirected from Zero Dividend Preference Shares)

Zero Dividend Preference Share

A preferred share that does not pay a dividend. Rather, the shareholder receives an agreed-upon, fixed amount when he/she redeems the share with the issuer. As with all preferred shares, in the event of liquidation, holders are entitled to receive proceeds from liquidation before any common shareholders.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
GLI Finance Limited (LSE:GLIF) declared on Friday that on 22 November 2018 it bought 172,390 zero dividend preference shares of no par value (ZDP shares) at GBP1.1775 per ZDP share and all of these will be held as treasury shares.
subsidiary acquiring Conygar ZDP PLC (LSE: CICZ), a wholly-owned subsidiary of Conygar, and assuming Conygar's obligations to fund the liabilities of Conygar ZDP (subject to certain agreed adjustments), being approximately GBP 35.7m in relation to zero dividend preference shares issued by Conygar ZDP as at the expected date of completion on 24 March 2017.
After a slow start to 2009 due to market volatility and the pervasiveness of the credit crunch, confidence returned to the investment company sector in the second half of the year, which was characterised by a flurry of fund raising activity, including the return to vogue of zero dividend preference shares. The year has also seen a pick-up in policy changes and management changes according to research published by the Association of Investment Companies (AIC).
Shares offer no guarantees, but you would have to be a serious pessimist not to hope for anupturn by 2004.A FRIEND was advised to invest pounds 22,000 in Second Scottish National Trust's zero dividend preference shares and ordinary income shares, and in Geared Income Investment Trust.
QI bought some zero dividend preference shares four years ago and have been reading recently that there are now problems with this kind ofinvestment.
Amid the hue and cry about split level investment trusts, nobody mentions that zero dividend preference shares are listed investments, traded in the market.
ZERO DIVIDEND PREFERENCE SHARES: Zeros aim to offer good consistent returns each year.
CORPORATE Bonds or zero dividend preference shares are deemed low risk.
Another way to invest in the stock market but avoid share slumps is to try zero dividend preference shares.
Its ordinary shares are quoted on the AIM and its issued zero dividend preference shares are listed and traded on the main market of the London Stock Exchange (tickers GLIF and GLIS and GLIZ (2019 ZDP)).
In January, 2000, through a firm of brokers I bought 5,000 Geared Income zero dividend preference shares for pounds 5,325.