A preferred stock that could pay a greater dividend in one year than the stated dividend is called:

Callable preferred stock grants the issuing company the right to repurchase the shares at a predetermined price after a specified date. While this provides flexibility for the company, it does not affect the potential for dividend payments beyond the stated amount, distinguishing it from participating preferred stock.

Cumulative preferred stock ensures that if any dividends are missed, they must be paid to shareholders before any dividends can be distributed to common stockholders. Although this feature protects investors, it does not imply that cumulative preferred stock can pay more than the stated dividend in a given year, which is a defining characteristic of participating preferred stock.

Convertible preferred stock allows shareholders to exchange their preferred shares for a specified number of common shares, typically at the shareholder's discretion. While this offers potential for capital appreciation, it does not provide the opportunity for increased dividends beyond the stated rate, unlike participating preferred stock.

Guaranteed preferred stock typically refers to shares backed by a guarantee from the issuing company or another entity to pay dividends. However, this guarantee only ensures the payment of the stated dividend and does not imply the ability to pay higher dividends based on company performance.