What is the meaning of Participating preferred stock?

Participating preferred stock is a unit of ownership composed of preferred stock and common stock. The preferred stock entitles the owner to receive a predetermined sum of cash (usually the original investment plus accrued dividends) if the company is sold or has an IPO. The common stock represents additional continued ownership in the company. Participating preferred stock has been characterized as "having your cake and eating it too.".

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APABarry Goldsmith. (2010). participating preferred stock. Retrieved September 21, 2026, from http://smartdefine.org/participating_preferred_stock/definitions/1160205
ChicagoBarry Goldsmith. 2010. "participating preferred stock" http://smartdefine.org/participating_preferred_stock/definitions/1160205 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, participating preferred stock, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/participating_preferred_stock/definitions/1160205>.
MLABarry Goldsmith. "participating preferred stock" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/participating_preferred_stock/definitions/1160205>