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Glossary > Q > "Quarterly Income Preferred Securities - QUIPS" Definition

Quarterly Income Preferred Securities - QUIPS

Shares that are an interest in a limited partnership that exists solely for the purpose of issuing preferred securities and lending the proceeds of the sales to its parent company. They usually have a $25 par value, NYSE listing, and cumulative quarterly distributions.

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Quarterly Income Preferred Securities - QUIPS \ Shares that are an interest in a limited partnership that exists solely for the purpose of issuing preferred securities and lending the proceeds of the sales to its parent company. They usually have a $25 par value, NYSE listing, and cumulative quarterly distributions.

Quarterly Income Preferred Securities - QUIPS / shares that are an interest in a limited partnership that exists solely for the purpose of issuing preferred securities and lending the proceeds of the sales to its parent company. they usually have a $25 par value, nyse listing, and cumulative quarterly distributions.