TeachMeFinance.com - explain Non-cumulative stock
Non-cumulative stock -- Stock on which dividends if not
paid do not accumulate that is, if dividends are not paid for a
period they have not subsequently to be paid for the period
when they were not declared.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.