Overview
Description
Porsche Automobil Holding SE Preferred is a type of equity security representing a stake in the renowned automobile manufacturer, Porsche. This preferred stock is part of the company's capital structure, providing investors with certain privileges over common stockholders, such as priority in dividend payments and, at times, additional rights in liquidity events. However, preferred shares typically do not carry voting rights, focusing instead on stable income generation. As part of the broader automotive and luxury goods industry, Porsche is pivotal in shaping vehicle innovation and technology trends, particularly in high-performance sports vehicles and electric mobility solutions. Situated within the dynamic automotive sector, Porsche Automobil Holding SE holds a significant market presence due to its luxury brand reputation and engineering excellence. Its preferred shares appeal to investors looking for exposure to the automotive sector with potentially lower risk compared to common equity, while also participating in the company’s financial successes through reliable dividend distributions. This asset plays a crucial role in diversifying investment portfolios, particularly those targeting stable returns with a taste of the luxury automotive market's performance.
About
CEO
Mr. Hannes Ruoff
Employees
48
Address
Porscheplatz 1
Stuttgart, 70435
Stuttgart, 70435
Phone
49 711 911 24420
Website
Instrument type
Preferred stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Italy
MIC code
XMIL