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Adjustable rate preferred stock

Preferred stock whose dividend changes, usually Quarterly, according to changes in the Treasury Bill rate or a similar benchmark. The changes in the dividend are determined by a pre-set formula. Like floating rate Debt, Adjustable rate preferred stock tends to have stable prices, since the dividend amount can be can changed to Offset price changes.

Related Terms: 14 Adjustable rate, Adjustable rate preferred stock, Bill, Debt, Float, Floating rate, Inc., Offset, Preferred stock, Quarterly, Quarter, Term, Treasury Bill, Treasury
Other Related Pages: Category: Stocks Starting With: A
Semi Related Terms: 619 CLICK HERE TO VIEW