cumulative preference share

简明释义

累积优先股份

英英释义

例句

1.If a company faces financial difficulties, holders of cumulative preference shares will still receive their dividends before common shareholders.

如果公司面临财务困难，累积优先股的持有者仍然会在普通股东之前获得股息。

2.A company may issue cumulative preference shares to raise capital while providing a safety net for investors.

公司可能会发行累积优先股来筹集资金，同时为投资者提供安全保障。

3.The cumulative preference shares issued by the firm have a fixed dividend rate of 5%.

该公司发行的累积优先股的固定股息率为5%。

4.Many investors are attracted to cumulative preference shares due to their reliable income stream.

许多投资者被累积优先股吸引，因为它们提供可靠的收入来源。

5.Investors often prefer to buy cumulative preference shares because they ensure that missed dividend payments are paid in the future.

投资者通常更喜欢购买累积优先股，因为它们确保未来支付错过的股息。

作文

In the world of finance and investment, understanding different types of shares is crucial for making informed decisions. One term that often comes up in discussions about corporate finance is cumulative preference share. These shares are a specific type of preferred stock that carry certain advantages for investors. To fully grasp the concept, it is essential to understand what cumulative preference shares entail and how they function within a company's capital structure.Firstly, let's break down the term itself. A cumulative preference share (可累积优先股) is a type of share that entitles its holder to receive dividends before any dividends are paid to common shareholders. However, what sets cumulative preference shares apart from regular preference shares is the 'cumulative' aspect. If a company is unable to pay dividends in a particular year, the unpaid dividends accumulate and must be paid out in future years before any dividends can be distributed to common shareholders. This feature provides an added layer of security for investors, ensuring that they will eventually receive their due dividends even if the company faces financial difficulties.Investors are often attracted to cumulative preference shares because they offer a more stable income stream compared to common shares. For instance, during economic downturns when companies might struggle to maintain profitability, common shareholders may find themselves receiving little to no dividends. In contrast, holders of cumulative preference shares have the assurance that their dividends will be paid eventually, as these obligations take precedence over common stock payouts.Moreover, cumulative preference shares can be particularly appealing to conservative investors who prioritize income over capital gains. These shares are often issued by companies looking to raise capital without diluting the ownership of existing common shareholders. By issuing cumulative preference shares, companies can attract investors who desire fixed returns while maintaining control over their equity structure.However, it's important to note that while cumulative preference shares provide benefits, they also come with certain risks. For example, if a company continues to face financial distress over multiple years, the accumulation of unpaid dividends could indicate deeper issues within the business. Investors must conduct thorough due diligence to assess the overall health of the company before investing in these shares. Additionally, while cumulative preference shares offer priority in dividend payments, they typically do not grant voting rights, meaning investors may have limited influence over corporate decisions.In conclusion, understanding cumulative preference shares is vital for anyone interested in investing in the stock market. These shares provide a unique combination of security and potential income, making them an attractive option for many investors. By recognizing the characteristics and implications of cumulative preference shares, investors can make more informed decisions that align with their financial goals. Ultimately, whether one chooses to invest in cumulative preference shares or other types of securities, having a solid grasp of the underlying concepts is essential for successful investing.

在金融和投资的世界中，理解不同类型的股票对于做出明智的决策至关重要。一个在公司财务讨论中经常出现的术语是可累积优先股。这些股票是一种特定类型的优先股，给投资者带来某些优势。要充分理解这一概念，必须了解可累积优先股的含义及其在公司资本结构中的作用。首先，让我们拆分一下这个术语。可累积优先股是一种股票，赋予其持有人在向普通股东支付任何股息之前获得股息的权利。然而，区分可累积优先股与普通优先股的关键在于“可累积”这一方面。如果公司在特定年份无法支付股息，则未支付的股息将累积，并且必须在未来的年份中支付给可累积优先股股东，然后才可以向普通股东分配任何股息。这一特性为投资者提供了额外的安全层面，确保即使公司面临财务困难，他们最终也会收到应得的股息。投资者通常被可累积优先股吸引，因为与普通股相比，它们提供了更稳定的收入来源。例如，在经济低迷时期，公司可能难以维持盈利，普通股东可能发现自己几乎没有股息可收。相比之下，持有可累积优先股的投资者可以放心，他们的股息最终会支付，因为这些义务在普通股票的支付之前具有优先权。此外，可累积优先股对于那些优先考虑收入而非资本增值的保守投资者来说尤其具有吸引力。这些股票通常由希望筹集资金而不稀释现有普通股东所有权的公司发行。通过发行可累积优先股，公司可以吸引希望获得固定回报的投资者，同时保持对其股权结构的控制。然而，值得注意的是，尽管可累积优先股提供了好处，但它们也伴随着一定的风险。例如，如果一家公司在多个年度内持续面临财务困境，未支付股息的累积可能表明该企业存在更深层次的问题。投资者在投资这些股票之前必须进行彻底的尽职调查，以评估公司的整体健康状况。此外，虽然可累积优先股在股息支付上提供了优先权，但它们通常不授予投票权，这意味着投资者对公司决策的影响可能有限。总之，理解可累积优先股对于任何对股市感兴趣的人来说都是至关重要的。这些股票提供了一种独特的安全性和潜在收入的组合，使其成为许多投资者的具有吸引力的选择。通过认识可累积优先股的特征和影响，投资者可以做出更符合其财务目标的明智决策。最终，无论一个人选择投资于可累积优先股还是其他类型的证券，牢固掌握基础概念对于成功投资都是至关重要的。