If preferred stock is cumulative,the preferred stockholders:

Name: If preferred stock is cumulative,the preferred stockholders:
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If preferred stock is cumulative, the preferred stockholders have the right to receive any missed dividends in addition to the current year's dividend. This means that they are entitled to receive a certain dividend every year, but not necessarily an always receive a dividend. The option of receiving a bonus is not relevant to cumulative preferred stock.

If Preferred Stock Is Cumulative,the Preferred Stockholders