Cumulative preferred shares carry the right to be paid both current and all prior periods' unpaid dividends before any dividends are paid to common shareholders.

Name: Cumulative preferred shares carry the right to be paid both current and all prior periods' unpaid dividends before any dividends are paid to common shareholders.
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Cumulative preferred shares have the right to be paid both current and all prior periods' unpaid dividends before any dividends are paid to common shareholders.

Cumulative Preferred Shares Carry the Right to Be Paid Both