Preference shares are today a relatively neglected instrument of corporate finance. The current conventional wisdom of the City is that they offer none of the upside of ordinary shares and none of the tax advantages of loan notes. I have an alternative perspective. True, preference share dividends are not tax deductible, unlike loan interest payments. …
Monthly Archive: August 2015
Aug 10
In Praise of Preference Shares
Categories:
High Yield Sterling Bond Portfolio, Preference Shares, Preference Shares quoted on the London Stock Exchange, Rea Holdings 9% Preference Shares
by mikenevin
August 10, 2015
Permanent link to this article: http://www.goldenguinea.com/in-praise-of-preference-shares/
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