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Buying shares of stock (whether common stock or preferred stock) just before the ex-dividend date (but after the dividend has been announced) is called buying the dividend because the market price of the stock increases by the amount of the dividend (and no, this increase is not because of government regulations or stock exchange rules or any such thing, it ...


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If you buy a preferred stock before the ex-dividend date and you own it on the ex-dividend date then you'll get the dividend. You could own the stock for as little as one day before being entitled to the dividend. With new issues, if it pays a quarterly dividend then the first dividend may be less since the accrual period is less than 3 months.


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Nomenclature for preferred stock symbols isn't standardized. Brokers and web sites use a variety of suffixes for non standard symbols. Read this answer for details. In your list, the lower case "p" means that it is a preferred stock. As for the meaning of the terms that you listed, Quantum Online is an excellent source for preferred stock ...


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In your comment, you mentioned that the preferred stock in question is ALIN-A (Altera Infrastructure L.P., 7.25% Series A Cumulative Redeemable Preferred Units). According to the prospectus, the company will pay $25 per unit when it decides to call the issue. The problem is that the company is not likely to call the preferred stock anytime soon. Here are ...


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