Cumulative preferred stock

From CNM Wiki
Revision as of 11:52, 20 December 2018 by Gary (talk | contribs) (Created page with "Cumulative preferred stock is stock that entitles its holders to any undeclared dividends that have accumulated before common stockholders receive their dividends. ==Def...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Cumulative preferred stock is stock that entitles its holders to any undeclared dividends that have accumulated before common stockholders receive their dividends.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Cumulative preferred stock. Stock that entitles its holders to any undeclared dividends that have accumulated before common stockholders receive their dividends.

Related concepts

Related coursework