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Cumulative preferred stock |
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Cumulative preferred stockPreferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock.Cumulative preferred stockPreferred stock with dividend payment priority following a missed dividend payment. This amount accumulates with subsequent dividends and when next a dividend is declared no payments can be made to common stockholders until cumulative preferred stockholders have been paid in full.Similar MatchesNoncumulativeNoncumulativeApplies mainly to convertible securities. Type of preferred stock on which unpaid or omitted dividends do not accrue. Omitted dividends are, as a rule, gone forever. Cumulative dividend featureCumulative dividend featureA requirement that any missed preferred or preference stock dividends be paid in full before any common dividend payment is made. Cumulative total returnCumulative total returnThe actual performance of a fund over a particular period. Cumulative probability distributionCumulative probability distributionA function that shows the probability that the random variable will attain a value less than or equal to each value that the random variable can take on. Cumulative preference sharesCumulative preference sharesWhen a company fails to pay a dividend, holders of cumulative preference shares are entitled to receive this missed payment when a dividend is next declared. This rule is cumulative and they are also entitled to the current dividend provided sufficient cash is available. These payments receive priority over the claims of ordinary shareholders. Further SuggestionsCumulative abnormal return (CAR)Cumulative Translation Adjustment (CTA) account |
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