Various types of Preference shares can be as below:
|
Sl. No.
|
Type of
Preference Shares
|
Salient
Features
|
|
1
|
Cumulative
|
Arrear Dividend
will accumulative
|
|
2
|
Non-cumulative
|
No right to arrear
dividend
|
|
3
|
Redeemable
|
Redemption should
be done
|
|
4
|
Participating
|
Participate
also in the surplus of firm
|
|
5
|
Non- Participating
|
Over fixed rate of
Dividend
|
|
6
|
Convertible
|
Option of Convert
into equity Shares
|
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