DEFINITION of 'O'

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.

BREAKING DOWN 'O'

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.

RELATED TERMS
  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. A

    A Nasdaq stock symbol specifying that the stocks are Class "A" ...
  5. F

    A Nasdaq stock symbol specifying that the stock is a foreign ...
  6. L

    The fifth character added to a stock symbol listed on the Nasdaq ...
Related Articles
  1. Insights

    The Evolution Of Ticker Symbols

    The stock market has changed dramatically since its inception, but the use of ticker symbols has remained largely unchanged.
  2. Investing

    Realty Income Corp. Takes on $700 Million in Debt

    Realty Income is offering $700 million in senior unsecured notes.
  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. 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.
  5. Investing

    Prefer Dividends? Why Not Look At Preferred Stock?

    Preferred stock is an under-used option for income-seeking investors.
  6. Trading

    NYSE Suspends Trading on Amazon, Google Over Data Glitch

    The NYSE suspended trading on five symbols, including Amazon and Google, due to a price scale coding issue.
RELATED FAQS
  1. Why Do Mutual Fund Tickers Have an 'X' at the End?

    Mutual fund tickers end with an 'X' to distinguish them from other types of securities. Read Answer >>
  2. What are the fifth-letter identifiers on the Nasdaq?

    In some cases, a stock ticker symbol on the Nasdaq will have five letters, and the fifth letter is an identifier symbol. 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 are some examples of preferred stock, and why do companies issue it?

    Understand the difference between preferred stock and common stock, and learn the primary reasons why companies issue preferred ... Read Answer >>
  5. What do all of the letters in a stock option ticker symbol mean?

    The option ticker explains four main things about the option: the underlying stock, whether it is a call or a put option, ... Read Answer >>
Hot Definitions
  1. Leverage

    Leverage results from using borrowed capital as a source of funding when investing to expand the firm's asset base and generate ...
  2. Financial Risk

    Financial risk is the possibility that shareholders will lose money when investing in a company if its cash flow fails to ...
  3. Enterprise Value (EV)

    Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market ...
  4. Relative Strength Index - RSI

    Relative Strength Indicator (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent ...
  5. Dividend

    A dividend is a distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.
  6. Inventory Turnover

    Inventory turnover is a ratio showing how many times a company has sold and replaces inventory over a period.
Trading Center