Preferred stock dividends payment

Hi…to my understanding dividend and interest payments are different. Stocks pay dividends…bonds pay interest. In this review question…I was a bit confused on the question when it asked about how much interest the investor will receive…
Should you restate that question to ask "How much will the investor receive at each quarterly dividend payment?
I wasn’t sure if you were asking for the quarterly dividend payment or the semi-annual payment?


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Hi @LASHY1980 - you are exactly right! Stocks pay dividends, bonds pay interest. The question will be updated immediately!

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Thanks! I’m happy to know that I’m confident about something…LOL.

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