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Dividends In Arrears
Dividends on preferred stock that have been declared but not yet paid to shareholders.
Cumulative Preferred Stock
A type of preferred stock that accrues dividends if they are not paid in the year they are due, with these dividends being required to be paid out before any dividends can be paid to common stockholders.
Stockholders' Equity
The ownership interest of shareholders in a corporation, represented by share capital plus retained earnings minus treasury shares.
Par Value
A nominal value assigned to share of stock by the corporation's charter, used primarily for legal purposes.
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