Cumulative preferred stock - Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock.
Preferred 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.
Cumulative preferred stock : preferred stock whose dividends accrue, should the issuer not make timely dividend payments. related: non-cumulative preferred stock.
preferred 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.