What it is
Korean companies can list preferred shares alongside common shares. Preferred holders give up voting rights but rank ahead for dividends, and older issues often carry a slightly higher rate on par value. The name ends with 우 (e.g. Samsung Electronics 우) and the code differs in the last digit (005930 → 005935).
How it differs from common stock
No votes, far fewer listed shares and thinner trading, so prices can swing more. Preferred shares usually trade below the common line, which makes their dividend yield look higher.
What to keep in mind
The discount to common shares moves with dividends, liquidity and demand, not just company results. Newer issues (names ending 우B and similar) have their own terms such as a minimum dividend rate, so check the articles of incorporation and filings.
See related filings and news data →
This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.