preferred share

简明释义

优先股

英英释义

例句

1.Many investors appreciate the stability of income that preferred shares provide.

许多投资者欣赏优先股所提供的稳定收入。

2.In the event of liquidation, preferred shares are paid out before common stockholders.

在清算时，优先股的持有者会在普通股东之前获得赔付。

3.Unlike common stock, preferred shares usually do not come with voting rights.

与普通股不同，优先股通常不附带投票权。

4.Investors often choose to buy preferred shares because they offer fixed dividends.

投资者通常选择购买优先股，因为它们提供固定的股息。

5.A company may issue preferred shares to raise capital without diluting voting power.

公司可以发行优先股来筹集资金，而不稀释投票权。

作文

In the world of finance, various investment options are available to individuals and institutions alike. Among these options, one often overlooked but significant type of investment is the preferred share. A preferred share (优先股) is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. This means that holders of preferred shares have priority over common shareholders when it comes to dividend payments and asset distribution during liquidation. Understanding the characteristics and benefits of preferred shares can help investors make informed decisions about their portfolios.One of the primary attractions of preferred shares is their dividend structure. Unlike common stock, which may pay dividends at the discretion of the company, preferred shares typically come with fixed dividend rates. This means that investors can expect a regular income stream, making preferred shares appealing to those seeking steady cash flow. Furthermore, in the event of a company's financial troubles, preferred shareholders are more likely to receive their dividends before any distributions are made to common shareholders, adding an extra layer of security to this investment.Another important feature of preferred shares is their convertibility. Many preferred shares come with the option to convert into a specified number of common shares after a certain period or upon the occurrence of specific events. This feature allows investors to benefit from potential appreciation in the company's stock price while still enjoying the preferential treatment associated with preferred shares. For instance, if a company performs exceptionally well and its common stock price rises significantly, investors holding preferred shares may choose to convert their holdings to capitalize on the price increase.Moreover, preferred shares can also be seen as a hybrid investment. They possess characteristics of both equity and debt instruments. While they represent ownership in a company like common stock, they often have fixed dividend payments similar to bonds. This unique combination allows investors to diversify their portfolios and manage risk more effectively. By including preferred shares in their investment strategy, investors can potentially enhance their returns while maintaining a level of stability.However, it is essential for investors to recognize the risks associated with preferred shares. Although they offer priority in dividend payments, they do not carry voting rights, which means that preferred shareholders have limited influence over corporate governance. Additionally, in the event of bankruptcy, preferred shareholders rank below debt holders in the capital structure, which means they may not recover their investments if the company liquidates. Therefore, it is crucial for investors to carefully assess their risk tolerance and investment goals before incorporating preferred shares into their portfolios.In conclusion, preferred shares present a unique investment opportunity for those looking to balance risk and return. With their fixed dividend payments, preferential treatment in asset distribution, and potential for conversion into common stock, they can serve as a valuable addition to an investment portfolio. However, as with any investment, it is vital for investors to conduct thorough research and understand the associated risks. By doing so, they can harness the benefits of preferred shares while mitigating potential downsides, ultimately leading to a more robust and diversified investment strategy.

在金融世界中，各种投资选项可供个人和机构选择。在这些选项中，一种常被忽视但却重要的投资类型是优先股。优先股（preferred share）是公司的一种所有权类别，相对于普通股，它对公司的资产和收益拥有更高的索赔权。这意味着，持有优先股的股东在分红支付和清算时对普通股股东具有优先权。了解优先股的特征和好处可以帮助投资者做出明智的投资决策。优先股的主要吸引力之一是其分红结构。与普通股可能根据公司的意愿支付分红不同，优先股通常具有固定的分红率。这意味着投资者可以期待一个稳定的收入来源，使得优先股对那些寻求稳定现金流的人来说具有吸引力。此外，在公司财务困境时，优先股的股东更有可能在任何分配给普通股股东之前收到分红，这为这种投资增加了一层额外的安全性。优先股的另一个重要特征是其可转换性。许多优先股提供了在特定时期后或在特定事件发生时转换为一定数量的普通股的选项。这个特征使得投资者可以在享受优先股所带来的优先待遇的同时，受益于公司股票价格的潜在升值。例如，如果一家公司表现极佳，其普通股价格大幅上涨，持有优先股的投资者可能会选择转换其持有的股份，以利用价格上涨的机会。此外，优先股还可以被视为一种混合投资。它们同时具备股票和债务工具的特性。虽然它们像普通股一样代表公司的一部分所有权，但它们通常具有类似于债券的固定分红支付。这种独特的组合使得投资者能够多样化其投资组合，更有效地管理风险。通过将优先股纳入投资策略，投资者可以在保持一定稳定性的同时，提升回报。然而，投资者必须认识到与优先股相关的风险。尽管它们在分红支付上提供优先权，但它们不具有投票权，这意味着优先股的股东在公司治理方面的影响有限。此外，在破产事件中，优先股的股东在资本结构中排名低于债权人，这意味着如果公司清算，他们可能无法收回投资。因此，投资者在将优先股纳入投资组合之前，必须仔细评估自身的风险承受能力和投资目标。总之，优先股为那些希望平衡风险和回报的投资者提供了独特的投资机会。凭借其固定的分红支付、在资产分配中的优先待遇以及转为普通股的潜力，它们可以成为投资组合的有价值补充。然而，与任何投资一样，投资者进行彻底的研究并理解相关风险至关重要。通过这样做，他们可以在减轻潜在风险的同时，充分利用优先股的好处，最终形成更强大和多样化的投资策略。