ZIMSEC O Level Commerce Notes: Differences between Ordinary and Preference Shares
|Receive a variable rate of dividend.
|Receive a fixed rate of dividend
|Receive dividends last, after preference shares have been paid
|Receive dividends first, before ordinary shares are paid.
|Can be management shares
|Can be basic, cumulative or redeemable preference shares
|Have voting rights at Annual General Meetings
|Have not voting rights.
|A risky form of investment.
|A safe form of investment
|Are also known as equity
|Do not own equity.
To access more topics go to the Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes.