OVERVIEW
Preference Shares
Are you looking for a higher return on your investment with the lowest risk? With the TraderG app, you can achieve this with preference shares. Preference shares are a special type of share where the dividends are given to the shareholders before the issuance of dividends of common stocks. Whenever a company shares profits, preference shareholders have more preferential rights over common shareholders. TraderG is a wonderful app developed by ShreeG Expert Wealth Advisory Limited. You can easily get better profits with TraderG on the preference shares you take.
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How Does It Work?
Preference shares provide income in dividends, paid ahead of the common stock. They already have a predetermined maturity date that is similar to the bonds. Preference shares dividends are paid either flexibly or fixed rate.
You can easily get preference shares at the TraderG app of ShreeG Expert Wealth Advisory Limited. Here are a few steps showing the working of preference share:
Create an Account
You must create an account on TraderG App to get the preference shares. Enter common personal details like – full name, contact number, email ID, city name, state, and set password.
Select Time Frame
There is a predetermined maturity date for the dividends for the preference shares. So, when selecting the preference share, you need to select either 60 months or 84 months to get the preference share option.
Select Service
Three services will be listed here. Select the one for Preference Shares.
Complete Your KYC
You need to provide all the important types of details provided in the Know Your Customer [KYC] options. Here, you must provide your Profile photo, Bank details, Aadhar card and Pan card number, and other details.
Set up Your DEMAT Account
You can set up your DEMAT account from TraderG to start buying/selling preference shares. If your DEMAT account already exists, you can simply provide the details, and we’ll link it to your TraderG account.
Make The Payment
After selecting the specific type of service and choosing the desired options, you must make the required payments. The minimum capital for the investment is ₹25,00,000/- and you need to select the holding tenure between 5 to 10 years.
Access Your Dashboard
You can access the dashboard of the TraderG app to do the desired service. The app's dashboard is user-friendly and easily accessed, simplifying all your operations.
Frequently Asked Questions
What is a preference share?
Where can I see these preference shares?
What will be the share price value at the time of share allotment?
Can I withdraw my capital partially or before maturity?
Will the dividend be taxable?
What is the advantage of having preference shares?
The main advantages of the preference shares are listed below:
- The dividend payouts are first done to the preference shareholders. Then it is done to the equity shareholders.
- If the company makes more profits, the preference shares can provide more add-on benefits for the shareholders.
- ShreeG Expert Wealth Advisory Limited is a growing company whose TraderG app can help your investment grow nicely in 10 years.
- Being a growing company with multiple upcoming projects, the value of preference shares of ShreeG Expert Wealth Advisory Ltd is likely to increase in the next 10 years.