Akademik

cumulative dividend
cumulative dividend cumulative dividend dividend

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cumulative dividend UK US noun [C]
FINANCE, STOCK MARKET a regular payment made to the owners of cumulative preference shares: »

It is common that shares with a right to a cumulative dividend obtain voting rights if the dividend is in arrears for a specified period.

See also ACCUMULATED DIVIDEND(Cf. ↑accumulated dividend)

Financial and business terms. 2012.