Currently, you own 5% of the common stock of Alberta Industries. The right which grants you the ability to maintain your current level of ownership should the company opt to issue additional shares of stock is called the right. Multiple Choice Shareholder O Percentage O Cumulative First O Preemptive A cumulative dividend is defined as a dividend that is: Multiple Choice Carried forward as an arrearage if not paid. Payable only if current operations generate sufficient cash in a year to pay the dividend. Paid only to senior holders of common stock. Treated as an interest expense. Paid as an extra payment if the share of stock is called