cumulative feature of preferred stock

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• cumulative dividend feature — A requirement that any missed preferred stock or preference stock dividends be paid in full before any dividend payment on common shares is made. Bloomberg Financial Dictionary …   Financial and business terms

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• Cumulative dividend feature — A requirement that any missed preferred or preference stock dividends be paid in full before any common dividend payment is made. The New York Times Financial Glossary …   Financial and business terms

• dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

• dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

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