Preferred Share Dividends

A preferred share is a separate class of stock that pays a fixed dividend rate and ranks ahead of common shares if the company is ever wound up. In exchange for that priority the holder normally gives up voting rights and gets little or no benefit if the business grows, so the shares trade far more like a bond than like equity.

Preferred series carry a longer ticker built from the common stock's symbol plus a suffix identifying the series, such as GTPPB or BDOPM. The company column here links to the underlying common stock, since the exchange files each preferred series under its parent company.

No. The rate is fixed, but payment still requires the board to declare it and the company to have the retained earnings to support it. Most Philippine preferred series are cumulative, meaning a skipped payout accrues and must be settled before common shareholders receive anything, which is protection rather than a guarantee.

Yield needs a live price, and PSEye does not track prices for preferred series. Publishing a rate divided by a stale or absent price would produce a number that looks precise and is not, so the per-share rate is shown on its own instead. Common share yields →

They answer different questions. Preferred shares suit someone who wants a predictable income stream and will accept no participation in growth, while common shares carry the upside and the voting rights along with the larger drawdowns. Neither is safer in every sense, since a preferred share's fixed payout loses real value to inflation in a way a growing common dividend does not.