Keyword: Preferred Stock

are shares that pay dividends at a specified rate. (When a company’s directors declare a new dividend rate in the common stock, it does not affect preferred stock.) Preferred stock takes precedence over common stock in the payment of dividends and liquidation of assets. Preferred stock does not usually confer voting rights for its shareholders. (See also Common Stock.)

Soft drink stocks: PepsiCo

– Analysts: Bill Schmitz Jr./Eric Katzman, Deutsche Bank

PepsiCo Inc.’s (PEP-NYSE, $76.69, Consumer Products Sector) product portfolio is “a tale of two cities”, with beverages struggling as snacks thrive, according to   Read More