What type of stock provides dividends and ownership in a company but without voting rights?

Preferred stock is designed to provide certain benefits to investors that differ from those associated with common stock. One of the key features of preferred stock is that it typically grants shareholders a fixed dividend before any dividends are paid to common stockholders. This means investors in preferred stock have a more predictable income stream compared to their common stock counterparts.

Additionally, preferred stockholders do not have voting rights in the company, which distinguishes it from common stock. This characteristic can be appealing to investors who prioritize dividend income and are less concerned with the influence on company management or strategic decisions that comes with voting rights.

The other types of stock mentioned, such as common stock, typically involve voting rights and may not guarantee dividends, while "bond stock" and "equity stock" are not standard classifications in this context. Thus, preferred stock is indeed the correct answer as it encapsulates the features of receiving dividends and ownership without the associated voting privileges.