TeachMeFinance.com - explain Split stock
Split stock -- London Stock Exchange term for ordinary
(common) stock which has been divided into preferred ordinary,
which receives a fixed rate of dividend, and deferred
ordinary, which receives a varying dividend in accordance
with the balance remaining after payment on the preferred
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.