What is ‘O’
A component of a stock symbol that indicates the shares of that stock are a second class of preferred shares. The “O” identifier can be seen after the dot of a NYSE stock symbol, or as the fifth letter of a Nasdaq symbol.
Explaining ‘O’
Every security on the market is assigned a ticker symbol, and preferred stocks use the letters M, N, O and P to denote the preferred stock’s class. Companies can issue several classes of preferred stock at a time, and the highest-ranked preferred stock receives dividend payments first.
Further Reading
- An empirical comparison of published replication research in accounting, economics, finance, management, and marketing – www.sciencedirect.com [PDF]
- Trends in park tourism: Economics, finance and management – www.tandfonline.com [PDF]
- The economics of structured finance – www.aeaweb.org [PDF]
- The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle – www.sciencedirect.com [PDF]
- The interrelations of finance and economics: Theoretical perspectives – www.jstor.org [PDF]
- Pitfalls in the application of discriminant analysis in business, finance, and economics – www.jstor.org [PDF]
- Event studies in economics and finance – www.jstor.org [PDF]
- The normative economics of health care finance and provision – www.jstor.org [PDF]
