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Refer to the diagram, where curves (a) through (e) are for five different countries. The Gini ratio is lowest in country
Cumulative Preferred Shares
Cumulative Preferred Shares are a type of preferred stock where dividends accumulate if not paid out, ensuring shareholders are paid past dividends before common shareholders.
Cash Dividend
A payment made by a corporation to its shareholders, usually in the form of cash, as a share of the company's current earnings.
Declaration Date
The specific date on which a company's board of directors announces the issuance of a dividend.
Date Of Record
The cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution.
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