{"id":179230,"date":"2021-05-05T04:57:00","date_gmt":"2021-05-05T08:57:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/glossary-terms\/convertible-preferred-stock\/"},"modified":"2023-01-22T13:31:08","modified_gmt":"2023-01-22T18:31:08","slug":"convertible-preferred-stock","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/convertible-preferred-stock\/","title":{"rendered":"Convertible Preferred Stock"},"content":{"rendered":"<p>Allows investors to convert the par value of their preferred stock into a predetermined number of common shares at a specified conversion price.  This type of stock appeals to investors who want higher, more secure income that common stocks, but also want the higher potential for capital appreciation, at the expense of lower dividends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allows investors to convert the par value of their preferred stock into a predetermined number of common shares at a specified conversion price. This type of stock appeals to investors who want higher, more secure income that common stocks, but also want the higher potential for capital appreciation, at the expense of lower dividends.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"traders-glossary":[13256,13251],"class_list":{"0":"post-179230","1":"glossary-terms","2":"type-glossary-terms","3":"status-publish","5":"traders-glossary-trading-terms-c","6":"traders-glossary-trading-alphabet"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Archives Term | IBKR Glossary | IBKR Campus<\/title>\n<meta name=\"description\" content=\"Allows investors to convert the par value of their preferred stock into a predetermined number of 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