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Which strategy has been shown to be as healthy for you as exercising and not smoking?
Noncumulative Preferred Stock
A type of preferred stock on which the right to receive dividends ends if the dividends are not declared in the year they are earned.
Undeclared Dividends
These are dividends that have been earned by shareholders but have not yet been officially announced by the company.
Cumulative
An adjective describing quantities or changes that are added together sequentially over time.
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