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Noncumulative preferred dividends in arrears are paid to preference shareholders if sufficient funds remain after payment of the current preference dividend. are not paid or
Noncumulative preferred dividends in arrears
| are paid to preference shareholders if sufficient funds remain after payment of the current preference dividend. |
| are not paid or disclosed. |
| must be paid before any other cash dividends can be distributed. |
| are disclosed as a liability until paid. |
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