A Cumulative Dividend Is Defined as a Dividend That Is

A cumulative dividend is defined as a dividend that is:

A) Carried forward as an arrearage if not paid.
B) Payable only if current operations generate sufficient cash in a year to pay the dividend.
C) Paid only to senior holders of common stock.
D) Treated as an interest expense.
E) Paid as an extra payment if the share of stock is called.