: Preferred shareholders must be paid their fixed dividends before any dividends are distributed to common stockholders.
: Unlike common stockholders, preferred shareholders typically cannot vote on corporate matters such as board elections or acquisitions.
Buying offers a way to invest in General Electric (now GE Aerospace) with priority on dividends and assets over common stockholders. This hybrid security combines bond-like income with stock-like equity ownership, typically providing a fixed dividend and lower price volatility than common shares. Key Benefits of GE Preferred Stock
: The company may have the right to "call" or buy back the shares at a set price after a certain date, which can limit your long-term upside. What is preferred stock? | Preferred stock vs common stock