Capital stock that has a stated dividend rate and takes preference over dividends paid on other stock and/or patronage refunds to members. It is equity capital, since any dividends paid are at the discretion of the board of directors. Preferred stock may be sold to members and nonmembers alike.
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This resource area was created by the: Cooperatives community
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Feature Articles
- Basic Cooperative Principles
- New Cooperative Development
- Youth Involvement in Cooperatives
- Cooperative Management
- Cooperative Financing
- Board of Director Strategy
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Resources
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Websites We Like
- Rural Cooperatives magazine, Rural Development, Business and Cooperative Programs, USDA - This bimonthly magazine contains articles and news items relevant to agricultural and non-agricultural cooperatives. An archive provides access to past issues of the magazine from 1998 to 2011.
- Directory of Rural Farmer, Rancher, and Fishery Cooperatives, Rural Development, USDA, 2010 - This directory contains a listing, by state, of over 1,200 farmer-owned marketing, farm supply, service, fishery and bargaining cooperatives.
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