Definitions
There is 1 meaning of the phrase
Cumulative Preferred.
Cumulative Preferred - as a noun
Preferred stock whose dividends if omitted accumulate until paid out
Synonyms (Exact Relations)
cumulative preferred stockExample Sentences
"The company issued cumulative preferred stock to attract investors seeking a steady income stream."
"Investors holding cumulative preferred shares have priority over common shareholders in receiving dividends."
"The cumulative preferred shares carry a higher dividend rate compared to the common stock."
"The company announced a cash dividend payment to all holders of cumulative preferred shares."
"The cumulative preferred shareholders have a claim on the company's assets in case of liquidation before common shareholders."
