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 ?
The bank also said that it has declared dividends on the series of its non-cumulative redeemable class-A first preferred stock.
D) that provides electricity generation, transmission and distribution services, authorised a series D first preferred stock dividend of USD0.
Power Financial expects to raise CAD250m (USD249m/EUR190m) in gross proceeds from the sale of 10m pieces of its series R, non-cumulative first preferred stock.
BANKING AND CREDIT NEWS-September 20, 2011--TD Bank to redeem class A first preferred stock on 31 Oct(C)2011 M2 COMMUNICATIONS http://www.
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