cumulative


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Cumulative

A preferred stock where the publicly-traded company must pay all dividends. If a company misses a dividend payment for any reason, it still owes it to cumulative preferred stockholders. That is, all dividends that were "skipped" must be paid to cumulative preferred stockholders before any dividends are paid to common stock holders. This contrasts with non-cumulative preferred stock, where stockholders must forgo dividend payments that are missed. Most preferred stock is cumulative.

cumulative

Of or relating to preferred stock and income bonds on which dividends must be paid in full before any payment of dividends is made to common stockholders. Thus, any dividends that are passed eventually must be brought up to date before common stockholders may receive payments. Nearly all issues of preferred stock are cumulative. Compare noncumulative. See also dividends in arrears.
References in periodicals archive ?
Besides, the cumulative environmental impact of projects is always observed to be greater than the sum of individual impacts.
Results for Annualized and Cumulative Returns for Firms in California
The "cumulative profit" test ignores the principle that sunk costs (i.e., the costs of previous investment decisions) are generally ignored when a new decision is required.
After 20 to 30 years of continuous vaccination, post- and preexposure vaccines had similar effectiveness in terms of the cumulative percent of TB cases prevented (Figure 3B).
Within these areas, Woodland Caribou, already a threatened species in Alberta and long considered an indicator of overall boreal ecosystem health, are especially at risk from cumulative effects.
"Mexican American Legal Defense and Education Fund is very pleased that the positive results of our lawsuit have continued through the second election cycle after the adoption of cumulative voting," reports staff attorney Nina Perales who helped argue the 1998 lawsuit for the minority community.
Numbers of UWMS agglomerates vary little from core sand and WMS numbers up to 100 sizes because the major cumulative increase in surface area occurs up to the 100 sieve size ([ILLUSTRATION FOR FIGURE 2 OMITTED] as related to [ILLUSTRATION FOR FIGURE 5 OMITTED]).
Some have turned to voting systems that approximate the outcomes of singlemember districts in multi-seat elections: cumulative voting, limited voting and the single transferable vote form of proportional representation.
During this period, 840 companies--ranging in size from $250,000 to $193 billion in total assets (median size: $579 million)--disclosed the cumulative effect of changes in principle on their income statements.
In short, cumulative trauma disorders, also known as CTDs.
The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on April 2, 2018 to holders of record as of March 15, 2018; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on April 2, to holders of record as of March 15, 2018.
ISLAMABAD -- Alternative Energy Development Board (AEDB) has issued Letter of Intent (LOI) to 24 companies/sugar mills of 817.5 MW cumulative capacity in order to tap the potential of electricity generation from the sugar mills.