Replies to post #11189 on Sigma Labs Inc (SASI)

[Windbag1014]

Par in Other Contexts

Par value is next to meaningless, but only in the context of common stock values. Preferred stock -- a type of stock that comes with a guaranteed dividend -- also has a par value, but the dividend is frequently based on the par value of the stock. So the par value of preferred shares may be much higher and might even approximate the market price of the shares. Corporate bonds also have a par value. This is the payment the bondholder receives at maturity, and the bond's interest payments also depend on the par value, so the market price of the bond will be directly influenced by its par value.

http://wiki.fool.com/Par_Value_of_Common_Stock