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Gator328

10/11/16 11:06 PM

#1511 RE: Imagineer66 #1480

Preferred do get paid out before commons in a liquidation scenario.

http://www.investopedia.com/ask/answers/182.asp
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goodietime

10/12/16 12:02 AM

#1515 RE: Imagineer66 #1480

"Ed, P's don't get their par back and then commons. They are "Preferred" which means that in any distribution, their stated distribution ($0.178 per share per month) must be paid first, then commons. Their PPS is in no way guaranteed at a higher price over commons."

Aren't these distributions suspended?

When/are these supposed to resume?