BMO Nesbitt Burns
730 View Street, 10th Floor
Preferred shares are a popular income investment as they pay dividends on a quarterly basis. As preferred shares rank senior to common shares and junior to debentures, dividends are paid only after the claims of debenture holders are met, and before any dividends are paid to common shareholders.
To learn more click here for an overview.
To learn about fixed reset preferred shares click here.