Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock.

Cumulative preferred stock is entitled to receive at a later date those dividends that accumulate during profitless years (dividends in arrears). During such years, common stock and regular preferred [..]

A type of preferred share that grants the holder the right to dividend arrears before any payments are made to holders of ordinary shares.

Preferred stock that assures the owner that any omitted dividends on this stock will be made up before the common stockholders will receive a dividend. Omitted dividends on cumulative preferred stock [..]

see stock

Cumulative preferred stock is a type of preferred stock that must receive dividends in full before common shareholders may receive any dividend. Generally a preferred stock will have a fixed dividend [..]

A feature of preferred stock that entitles the holder to later payment of dividends when they were not paid when due. The dividends accumulated must be paid before common stockholders may receive any dividends.

A type of stock that requires a defined divi­dend payment. If the company does not pay the dividend, it still owes the missed dividends to the owner of the stock.

Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock.