Which of the Following Is a Feature of Cumulative Preferred

Which of the following is a feature of cumulative preferred stock?

A) Dividends in arrears are paid to common stockholders.
B) Dividends in arrears are paid to both preferred and common stockholders.
C) Dividends accumulate and must be paid each year.
D) Dividends in arrears are paid to preferred stockholders whenever a dividend is declared by the corporation.