Photo: 401kcalculator.org via Flickr. Preferred stock is a special type of stock that trades on an exchange but works more like a bond than common stock. Like a bond, preferred stocks are bought ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Preferred stock offers consistent dividends like bonds, based on a fixed "par value." Dividends are calculated by multiplying the stated rate by the par value. Quarterly dividends are found by ...