Although a corporation does not have to pay dividends on ordinary share, it is required to pay dividends on preferred stock.

Name: Although a corporation does not have to pay dividends on ordinary share, it is required to pay dividends on preferred stock.
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Corporations are not required to pay dividends on preferred stock, but they must pay them before any dividends are paid to ordinary shareholders if they choose to distribute dividends.

Although a Corporation Does Not Have to Pay Dividends on Ordinary