FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» DIPD/HAYC/HAYL
by abey Today at 6:14 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Mr. X Today at 4:55 pm

» LOLC Share Price
by EGG Today at 4:28 pm

» ELPL & WATA
by High-flyer Today at 2:29 pm

» VPEL high return share
by Eranga87 Today at 2:25 pm

» Import Restrictions and True State of Local Tile Manufacturers
by EquityChamp Today at 2:17 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Today at 12:43 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by stockchaser Today at 12:04 pm

» GLAS will be winner with Super Gain.
by Eranga87 Today at 10:58 am

» Crypto , Digital Currency Trading , Forex
by Kevinmikegrit Today at 9:40 am

» Day Traders must gradually start accumulating a well diversified portfolio of stocks which are cash generative. Stock market for beginners
by Asoka Samarakone Yesterday at 8:24 pm

» Is 12th a holiday CSE
by Vishwanarth Yesterday at 10:46 am

» Kelani TYRES
by shan31 Sat Apr 10, 2021 9:07 pm

» VALLIBEL ONE PLC (VONE.N0000)
by shan31 Sat Apr 10, 2021 8:54 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by shan31 Sat Apr 10, 2021 7:34 pm

» South Asia’s first Disneyland to come up in Sri Lanka
by samaritan Sat Apr 10, 2021 1:42 pm

» Daily Foreign Transactions
by Pradeep90 Fri Apr 09, 2021 7:53 pm

» TALAWAKELLE TEA ESTATES PLC (TPL.N0000)
by lakymahesh Fri Apr 09, 2021 6:20 pm

» Sri Lanka bans palm oil imports, tells producers to uproot plantations
by CHRONICLE™ Fri Apr 09, 2021 3:22 pm

» ASPI Prediction by HNWI
by samaritan Fri Apr 09, 2021 9:09 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » WHAT ARE THE DEFERNT NON VOTING & P SHARES

WHAT ARE THE DEFERNT NON VOTING & P SHARES

Go down  Message [Page 1 of 1]

RANGANA PERERA


Manager - Equity Analytics
Manager - Equity Analytics
EX- Very Happy SFL P0000

Mr.GP

Mr.GP
Equity Analytic
Equity Analytic
Yah please some one give me better reply.

tharindufit


Manager - Equity Analytics
Manager - Equity Analytics

Non-voting shares

Non-voting shares carry no rights to vote and usually no right to attend general meetings either. Such shares are widely used to issue to employees so that some of their remuneration can be paid as dividends, which can be more tax-efficient for the company and the employee. The same is also sometimes done for members of the main shareholders' families. Preference shares are often non-voting.

Preference shares

These will usually have a preferential right to a fixed amount of dividend, expressed as a percentage of the nominal (par) value of the share, e.g. a £1, 7% preference share will carry a dividend of 7p each year. It is, however, still a dividend and payable only out of profits. The dividend may be cumulative (i.e. if not paid one year then accumulates to the next year) or non-cumulative. The presumption is that it is cumulative. The dividend is usually restricted to a fixed amount, but alternatively the preference share may be participating, in which case it participates in profits beyond the fixed dividend under some formula.
Preference share are often non-voting (or non-voting except when their dividend is in arrears). They are sometimesredeemable.
They may be given a priority on return of capital on a winding up. Often they will not be entitled to share in surplus capital (i.e. they only get their £1 back on each £1 share).

Ref. http://www.companylawclub.co.uk/classes-of-shares#nonvot

vic19

vic19
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

P - preference share

N- ordinary share
X- non voting share
W- warrants


the differents are as follows between P and N,X



Dividend Rate

The company uses a specific rate to calculate the dividend on preference shares. The company multiplies this rate by the stated value of each share to determine the amount to pay out in dividends on preference shares. Ordinary shares have no specific dividend rate. If the company chooses to issue a dividend, it is not locked into paying a specific amount on each share. Instead, it chooses the amount it wants to pay on ordinary shares.

Dividend Distribution

Preference shareholders enjoy the benefit of receiving their dividend distribution first. As the company calculates the dividend amount to pay each shareholder, it calculates these amounts for the preference shareholders before it calculates the dividend rates for the ordinary shareholders. Ordinary shareholders receive their dividend payments last, assuming the company opts to pay them.

Liquidation

Companies sometimes find themselves closing the doors and ending the business. When a company liquidates, it pays its creditors first. Any value remaining after satisfying the creditors is then allocated to the shareholders. Preference shareholders receive their share of the company’s assets based on the value of the shares they own. After the preference shareholders receive their payments, any value remaining is divided among the ordinary shareholders based on the number of shares each shareholder owns.

Voting Rights

Ordinary shareholders receive the right to vote on major company decisions, including mergers or acquisitions. These shareholders are entitled to one vote for each share they own. The more ordinary shares they hold, the greater impact their votes will have. Preference shareholders typically receive no right to vote on company decisions.

pls check with your broker before you take any decision based on this article.

thanks

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum