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The type of stock in which stockholders are assured that omitted dividends will be paid to them before other dividends are paid is ____________ stock.
The type of stock in which stockholders are assured that omitted dividends will be paid to them before other dividends are paid is cumulative preferred stock.
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Asked 6/18/2012 9:44:20 AM
Updated 8/25/2015 12:37:38 AM
2 Answers/Comments
Edited by Andrew. [8/25/2015 12:28:41 AM]
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The type of stock in which stockholders are assured that omitted dividends will be paid to them before other dividends are paid is cumulative preferred stock.
Added 8/25/2015 12:36:31 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [8/25/2015 12:55:08 AM]
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The type of stock in which stockholders are assured that omitted dividends will be paid to them before other dividends are paid is CUMULATIVE PREFERRED stock.


Added 8/25/2015 12:37:38 AM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [8/25/2015 3:12:33 AM]
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