Overview
Description
Prudential Financial Inc. Preferred Stock 4.125% is a type of preferred stock issued by Prudential Financial Inc., a global financial services leader. This preferred stock offers a fixed dividend rate of 4.125%, providing shareholders with a more predictable income stream compared to common stocks. As preferred stock, it holds a senior claim on the company’s earnings and assets, coming after debt holders but before common stockholders, in the event of liquidation. It typically does not provide voting rights. Prudential Financial Inc., known for its broad range of financial products and services including life insurance, retirement planning, and investment management, strategically employs preferred stock to strengthen its balance sheet. These securities appeal to income-focused investors and support the firm’s sustainable long-term capital strategy. Situated within the financial sector, Prudential’s preferred stocks play a vital role in diversifying investment portfolios, particularly for those seeking lower market volatility and consistent dividend payments.
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Instrument type
Preferred stock
Sector
Industry
Country
United States
MIC code
XNYS