A term used to describe shares of preferred stock that do not entitle the owner to receive unpaid dividends. Owners of preferred stock usually receive a fixed dividend. If a company decides not to pay a dividend in a given quarter, the owner of noncumulative shares does not have the right to receive these unpaid dividends in the future.
Related information about noncumulative:
- Noncumulative Definition | Investopedia
A type of preferred stock that does not pay the holder any unpaid or omitted dividends. If the corporation chooses to not pay dividends in a given year, the ...
- Noncumulative | Define Noncumulative at Dictionary.com
/nɒnˈkyu myə lə tɪv, -ˌleɪ tɪv/ Show Spelled [non-kyoo-myuh-luh-tiv, -ley-tiv] Show IPA. adjective. of or pertaining to preferred stock the dividends of which ...
- Noncumulative - Financial Dictionary - The Free Dictionary
Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue. Omitted dividends are, as a rule, gone ...
- noncumulative - Wiktionary
noncumulative (comparative more noncumulative, superlative most noncumulative). Not cumulative. (finance) Not having an accumulating right to receive ...
- Noncumulative: Definition from Answers.com
term describing a preferred stock issue in which unpaid dividends do not accrue. Such issues contrast with Cumulative Preferred issues, where unpaid ...
- What is noncumulative? definition and meaning
Definition of noncumulative: A term used to describe shares of preferred stock that do not entitle the owner to receive unpaid dividends. Owners of preferred ...
- What is noncumulative preferred stock? definition and meaning
Definition of noncumulative preferred stock: A classification of stock ownership that allows the company to avoid paying dividends to the shareholder when ...
- Noncumulative Perpetual Preferred Stock Law & Legal Definition
Noncumulative Perpetual Preferred Stock Law & Legal Definition. According to 12 CFR 325.2 [Title 12 -- Banks and Banking; Chapter III -- Federal Deposit ...