P
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P
Fifth letter of Nasdaq stock symbol specifying issue is the company's first class of preferred shares.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
P
1. A symbol indicating an initial dividend on a stock. It is used most often on transaction tables in a newspaper.
2. A symbol indicating that a mutual fund charges a distribution fee. It is used most often on transaction tables in a newspaper.
2. A symbol indicating that a mutual fund charges a distribution fee. It is used most often on transaction tables in a newspaper.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
p
1. Used in the dividend column of stock transaction tables in newspapers to indicate an initial dividend: .50p.
2. Used in mutual fund transaction tables in newspapers to indicate that a distribution cost is charged.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.