If preferred dividends are limited to the stated dividend rate, the stock is said to be

Name: If preferred dividends are limited to the stated dividend rate, the stock is said to be
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If preferred dividends are limited to the stated dividend rate, the stock is said to be nonparticipating. If preferred dividends are required to accumulate if not paid, the stock is said to be cumulative. If missed dividends do not accumulate and are lost forever, the stock is said to be noncumulative.

If Preferred Dividends Are Limited to the Stated Dividend Rate