A component of a stock symbol that indicates the shares of that stock are a second class of preferred shares. The "O" identifier can be seen after the dot of a NYSE stock symbol, or as the fifth letter of a Nasdaq symbol.


Every security on the market is assigned a ticker symbol, and preferred stocks use the letters M, N, O and P to denote the preferred stock's class. Companies can issue several classes of preferred stock at a time, and the highest-ranked preferred stock receives dividend payments first.

  1. Stock Symbol (Tickers)

    A stock symbol is a unique series of letters assigned to a security ...
  2. M

    The fifth letter of a Nasdaq stock symbol that specifies the ...
  3. Hard-Coded Stock

    This is a term that refers to a company's stock symbol or ticker ...
  4. P

    A symbol that, when used as the fifth letter in a ticker symbol, ...
  5. H

    A Nasdaq stock symbol specifying that it is the second preferred ...
  6. K

    A Nasdaq stock symbol specifying that the stock has no voting ...
Related Articles
  1. Trading

    Understanding The 2010 Options Symbology

    There is a wealth of information in the expanded option symbols, but they should make things easier for traders.
  2. Investing

    Translating Ticker Talk

    Stock tickers can say a lot about a company in just a few letters. Find out how to read them.
  3. Investing

    Realty Income Falls on REIT Slide (O)

    Worries about interest rates caused a massive sell-off of REITs, but Realty Income is still looking to expand.
  4. Managing Wealth

    What You Need To Know About Preferred Stock

    Curious about preferred shares? Here's what you should know about these bond-like instruments.
  5. Investing

    Realty Income Declares New Dividend, Fails to Grow Payouts

    Realty Income has declared a new dividend payout equal to its February payout.
  6. Investing

    Understanding The Ticker Tape

    We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen.
  7. Investing

    Investing in Preferred Stock:The Basics

    Preferred stocks provide income as well as the potential to appreciate in value.
  8. Investing

    Realty Income Falls After Diluting Shareholder Ownership

    The popular REIT saw its stock fall over 2 percent after announcing a secondary issuance worth over $7 billion.
  9. Investing

    Looking for Yield? Check Out This Preferred Stock ETF (PFF)

    Take a look at a review of the performance of the most popular preferred stock ETF, the iShares U.S. Preferred Stock ETF from BlackRock.
  1. Why do some stock symbols have three letters while others have four? What is the ...

    Stocks found on the New York and American Stock Exchange will normally have symbols with three letters or fewer. On the other ... Read Answer >>
  2. Do hedge funds have ticker symbols?

    Discover whether or not hedge funds have ticker symbols, where you can find ticker symbols and the significance of a ticker ... Read Answer >>
  3. Why did my stock's ticker change?

    When a ticker symbol of a publicly traded company changes, it generally means one of a few things. Read Answer >>
  4. What is the difference between preferred stock and common stock?

    Preferred stockholders have a greater claim to a company's assets and earnings than common stockholders, but may not have ... Read Answer >>
Hot Definitions
  1. Call Option

    An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument ...
  2. Standard Deviation

    A measure of the dispersion of a set of data from its mean, calculated as the square root of the variance. The more spread ...
  3. Entrepreneur

    An entrepreneur is an individual who founds and runs a small business and assumes all the risk and reward of the venture.
  4. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  5. Perfect Competition

    Pure or perfect competition is a theoretical market structure in which a number of criteria such as perfect information and ...
  6. Compound Interest

    Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods ...
Trading Center