Enterprise Financial Services Corp. [EFSCP]
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This is a preferred stock security issued by Enterprise Financial Services Corp. Preferred shares represent an equity ownership class that typically pays fixed dividends and has priority over common stock in dividend payments and liquidation proceedings. Holders of this preferred stock receive dividend payments before common shareholders and have a higher claim on assets in the event of company dissolution. Preferred stocks generally do not carry voting rights and trade separately from the company's common stock. These securities are suitable for income-focused investors seeking higher yields than common stock with less volatility.