HWCPZ

Hancock Whitney Corp. preferred stock is a special class of equity security that provides holders with preferential treatment over common stockholders regarding dividend payments and liquidation proceeds. Preferred shares typically pay fixed dividends at regular intervals and have priority claims on assets in the event of bankruptcy or liquidation. This security does not carry voting rights in most cases but offers more stable income compared to common stock. Banks and financial institutions frequently issue preferred stock to strengthen their capital base while meeting regulatory requirements. The preferred shares trade separately from common stock and appeal to income-focused investors seeking higher yields with lower volatility than common equity.