Non – Cumulative Preference Shares

Non – Cumulative Preference Shares Preference shares whose dividends do not accumulate to be paid with retrospective effect when the company is able to pay a dividend. On these shares, If dividends are skipped, the shareholder gets nothing for the year. Most preference shares, however, are cumulative, and their dividend arrears must be cleared before paying the equity shareholders.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.

Powered by WordPress