According to share and stocks management, the preferred stock generally does not have voting rights and has a preference as to dividends.
This is because Preferred stock is a type of stock that is first paid to the stockholders before the common share or stockholders are paid.
However, unlike the common stockholders that have voting rights in a firm, the preferred stockholders do not have voting rights.
Hence, in this case, it is concluded that Preferred stock has its advantages and disadvantages.
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