Meaning Cumulative preference dividends
What does Cumulative preference dividends mean? Here you find 2 meanings of the word Cumulative preference dividends. You can also add a definition of Cumulative preference dividends yourself
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Cumulative preference dividendsDividends on cumulative preference shares that accrue as a commitment of the company if they are not paid in any year. Arrears of cumulative preference dividends must be paid before any dividends are paid to ordinary Investors.
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Cumulative preference dividendsDividends on cumulative preference shares that accrue as a commitment of the company if they are not paid in any year. Arrears of cumulative preference dividends must be paid before any dividends are paid to ordinary Investors. Unless specifically stated to be non-cumulative, dividends on all preference shares are deemed to be cumulative.
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