Cumulative preferred stocks are stocks with unpaid dividends that accumulate and must be paid before any cash dividend is paid to the common shareholders.

Name: Cumulative preferred stocks are stocks with unpaid dividends that accumulate and must be paid before any cash dividend is paid to the common shareholders.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cumulative preferred stocks are indeed stocks where unpaid dividends accumulate and must be paid before any cash dividend is paid to the common shareholders.

Cumulative Preferred Stocks Are Stocks with Unpaid Dividends That Accumulate