cumulative preferred stock

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Related to Cumulative Preferred Shares: preferred stock
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Synonyms for cumulative preferred stock

preferred stock whose dividends if omitted accumulate until paid out

References in periodicals archive ?
DBRS includes a one-notch rating uplift to CU's Cumulative Preferred Shares, largely because of the low non-consolidated leverage and strong liquidity at the Holdco level.
The issuance of the Cumulative Preferred Shares will be used to pay down the balance on the liquidity agreement and is expected to have no material impact on the total amount of outstanding leverage.
Allianz Global Investors US LLC, the investment manager of AllianzGI Convertible & Income Fund (NYSE: NCV) has announced it has offered 4 million 5.625% Series A Cumulative Preferred Shares with an aggregate liquidation value of USD 100 million, the company said.
The Series A Cumulative Preferred Shares trade on the New York Stock Exchange under the symbol NCZ PR A and are rated "AAA' by Fitch Ratings.
(NYSE American: ECF) has priced an offering of 1.2 million 5.25% Series A Cumulative Preferred Shares ("Series A Preferred") with an aggregate liquidation value of USD 30 million, the company said.
The investment manager of AllianzGI Convertible & Income Fund (NYSE:NCV), Allianz Global Investors US LLC priced an offering of 4.0m of 5.625% series A cumulative preferred shares with a total liquidation value of USD100.0m.
The investment manager of AllianzGI Convertible & Income Fund II (NYSE:NCZ), Allianz Global Investors US LLC (AllianzGI US) priced an offering of 4.36m 5.50% series A cumulative preferred shares with a total liquidation value of USD109.0m, it revealed on Wednesday.
In addition the board of directors also declared quarterly dividends of USD0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and USD0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K), which are payable by 29 June 2018, to shareholders of record on 15 June 2018.
M2 EQUITYBITES-April 12, 2018-GDL Fund declares redemption of all series B cumulative preferred shares at USD50.2625 per share
6 May 2013 -- The board of trustees of the Gamco Global Gold, Natural Resources & Income Trust by Gabelli (NYSE: GGN) has announced an underwritten offering of four million 5.00% series B Cumulative Preferred Shares at a public offering price of USD100m.
13 March 2103 -- The board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust by Gabelli (NYSE: GGN) has authorized the partial redemption of 2,000,000 of its outstanding 6.625% series A Cumulative Preferred Shares.
The Trust plans to redeem all of its outstanding auction rate cumulative preferred shares (ARPS) at their respective liquidation preferences (sometimes referred to as "at par), together with accrued and unpaid dividends, if any, to the redemption date.
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