cumulative preferred stock

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Related to Cumulative Preferred Shares: preferred stock
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  • noun

Synonyms for cumulative preferred stock

preferred stock whose dividends if omitted accumulate until paid out

References in periodicals archive ?
76% Series A Cumulative Preferred Shares are rated "AAA" by Standard & Poor's Ratings Services.
Given XL's unilateral flexibility in modifying the terms of the reinsurance agreement with Stoneheath Re as well as Stoneheath Re's reliance on XL to provide a significant portion of the preferred dividends via reinsurance payments, Stoneheath Re's non-cumulative perpetual preferred securities are rated equivalent to XL's existing cumulative preferred shares.
51875 per share on its Series A Cumulative Preferred Shares , a quarterly dividend of $0.
75% Series A Perpetual Cumulative Preferred Shares at the rate of $0.
10% Series A-1 cumulative preferred shares with a liquidation preference of $24 million and 7.
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