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Many preferred stock issues are cumulative in nature. What does this mean? Any dividends that are not paid in a particular period are carried over
Many preferred stock issues are cumulative in nature. What does this mean?
Any dividends that are not paid in a particular period are carried over and paic in the next period.
The shares accumulate voting rights based on how long they are held.
Dividends accumulate and are paid at the maturity of the preferred stock.
The shares can be converted into common shares.
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