An investment term requiring that unmet dividend obligations accumulate from one period to the next. For example, if preferred dividends were to accrue for two years without being paid, the cumulative Issuer obligations would be for all of the unpaid dividends which had accrued over the past two years. Pertinent to preferred equity investment.
« Back to Glossary IndexCumulative Dividends
by bsmith@carofin.com | Feb 22, 2019
