Preferred stock typically gives its holders priority in which of the following?

Preferred stock provides its holders with particular advantages relative to common stockholders, primarily in the areas of receiving dividends and claims on assets. Preferred shareholders typically receive dividends before any dividends are distributed to common shareholders, ensuring them a more predictable income stream. This priority also extends to asset claims during the dissolution of the corporation; preferred stockholders are paid out before common stockholders if the corporation liquidates. Thus, the correct answer focuses on the crucial financial protections and advantages that preferred stockholders enjoy in terms of dividends and claims on the company's assets, reflecting their preferential status in the corporate capital structure.

In contrast, holders of preferred stock typically do not have voting rights (as highlighted by the option regarding voting in corporate elections), which limits their influence in corporate governance decisions and management operations. Preferred shareholders also generally do not get involved in making management decisions or daily operations, as these responsibilities remain with the board of directors and management teams. Therefore, the emphasis on dividends and asset claims importantly underlines the nature of preferred stock in corporate finance.