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LSDefine

Simple English definitions for legal terms

nonparticipating preferred stock

Read a random definition: fines le roy

A quick definition of nonparticipating preferred stock:

Nonparticipating preferred stock is a type of stock that gives the shareholder the right to receive a fixed dividend, but does not allow them to share in any additional earnings beyond what is stated in the preferred contract. This means that the shareholder will not receive any surplus common-stock dividends.

A more thorough explanation:

Nonparticipating preferred stock is a type of stock that does not give the shareholder the right to additional earnings beyond those stated in the preferred contract. This means that the shareholder will not receive any surplus common-stock dividends beyond what is already agreed upon.

For example, if a company issues nonparticipating preferred stock with a dividend rate of 5%, the shareholder will only receive 5% of the stock's par value as a dividend, even if the company's earnings exceed expectations and there is surplus profit.

This type of stock is often preferred by investors who prioritize stability and predictability over potential additional earnings. It is also commonly used by companies to raise capital without diluting the ownership and control of existing shareholders.

non pars substantiae sive fundi, sed accidens | nonparticipating royalty

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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