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Architecture Billings Index (ABI).

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The Architecture Billings Index (ABI) is a leading economic indicator for the U.S. construction industry. The ABI measures the amount of billings issued by architects to their clients each month and is a leading indicator of construction spending. The ABI is released by the American Institute of Architects (AIA) on the last working day of … Read more

What Is a Preferred Dividend?

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A preferred dividend is a dividend that is paid to shareholders before any common dividends are paid out. Preferred shareholders typically have preference over common shareholders when it comes to receiving dividends and other corporate distributions, but they may also have less voting power than common shareholders. What happens when a preferred stock matures? Preferred … Read more