Fred Stock Knowledge Check 01 Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: Participating Nonparticipating Sharing Leverage Knowledge Check 01 Preferred stock has a feature that allows it to share with common shareholders in any dividends pald in excess of the percent or dollar amount stated on the preferred stock. This feature is called