From Longman Business Dictionaryˌcumulative ˈpreference ˌshare(alsocumulative preferential share),orcumulative preferred share[countable]one of theclassofPREFERREDSHAREswhere, if the companydoesnotpayDIVIDENDsin some years, theamountof these dividends is paid in later years, and is notlostto thesh...
Preference shares are shares that enables the shareholders to enjoy preferential dividend payout before equity shareholders of a company. Read more here.
From Longman Business Dictionaryˌcumulative ˈdividend interest paid on PREFERENCE SHAREs which, if not paid out, will be added to the value of these sharesThe group have agreed to issue preferred stock with an 8% cumulative dividend.→ dividend Exercises...
Types of sharesBearer shares –these are ordinary share warrants that denote legal ownership of a company.Cumulative preference –if for some reason the company is unable to pay the dividend one year, the amount due will be carried forward to successive years....
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From Longman Business Dictionaryˈpreference ˌshare(alsopreferential share),preferred share[countable]one of aclassofshareson which, if acompanyis infinancialdifficulty,DIVIDENDsmay still bepaideven if they are not paid onordinaryshares. Dividends onpreferenceshares are usually paid in theformoffixed...
of 29.8 cents a share.→accumulated dividend→annual dividend→bonus dividend→cash dividend→cumulative dividend→extraordinary dividend→final dividend→gross dividend→interim dividend→ordinary dividend→preference dividend→quarterly dividend→share dividend→special dividend→stock dividend→unpaid dividend2a...