Which of the following is not a characteristic of the common stock of a large, publicly owned corporation?

Question

Quizplus · Accepted Answer

Common stock typically does not carry a cumulative right to receive dividends, meaning that if a dividend is not paid in one period, it does not accumulate and become payable in later periods. This is a characteristic of preferred stock. Therefore, choice C is not a characteristic of the common stock of a large, publicly owned corporation.

Which of the Following Is Not a Characteristic of the Common