Overview
Description
Dr. Ing. h.c. F. Porsche AG Preferred Stock represents a class of equity offering investors ownership in the renowned automobile manufacturer, known for crafting luxury sports cars such as the iconic 911 model. The primary function of this preferred stock is to provide shareholders with a priority claim on dividends, which are typically fixed or at a favorable rate compared to common stock. Although preferred stockholders often lack voting rights, they benefit from a steadier income stream, making these shares appealing to certain investor profiles seeking stability. Dr. Ing. h.c. F. Porsche AG is deeply embedded in the automotive sector, influencing luxury vehicle design and engineering excellence. The company plays a significant role in global markets as part of the Volkswagen Group, enhancing its strategic importance through innovation in sports vehicle manufacturing and sustainable mobility solutions. Holding preferred stock in this prestigious company connects investors to the legacy and financial performance of one of the automotive industry's most esteemed names.
About
CEO
Dr. Oliver Blume Ph.D.
Employees
39247
Address
Porscheplatz 1
Stuttgart, 70435
Stuttgart, 70435
Phone
49 711 911 0
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Germany
MIC code
XMUN