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WHAT IS THE DIFFRANCE B/W THE PREFERENCE SHARES AND EQUITY
SHARES....
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Answer Posted / subhashini
Preference Shareholders receive the returns as dividends in
fixed rate and have priority over common shareolders.
Equity shareholdres have not fixed rate on dividend and it
vary from year to year depending the earnings and decision
of the Board of Directors.the payment to equity
shareholders is not a legal obligation.
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