cumulative preferred stock


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Noun1.cumulative preferred stock - preferred stock whose dividends if omitted accumulate until paid out
preference shares, preferred shares, preferred stock - stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
References in periodicals archive ?
In addition, Goldman Sachs has declared a dividend of $2,500 per share of 10% Cumulative Preferred Stock, Series G.

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