Convertible preferred - Mainly applies to convertible securities. Similar to convertible bond except represents equity in the corporation. Divided income is not a pre-tax income item for the issuing corporation, but holding institutions are entitled to an 85% exclusion of dividends.
Convertible preferred : mainly applies to convertible securities. similar to convertible bond except represents equity in the corporation. divided income is not a pre-tax income item for the issuing corporation, but holding institutions are entitled to an 85% exclusion of dividends.
Convertible preferred