In the case of noncumulative preferred stock,the preferred stockholders would have a claim to previously skipped dividends.

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Quizplus · Accepted Answer

Noncumulative preferred stock does not allow for the accumulation of missed or unpaid dividends. If a dividend is skipped, the preferred stockholders have no claim to it and will only receive dividends in the future if they are declared and paid by the company.

In the Case of Noncumulative Preferred Stock,the Preferred Stockholders Would