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What comprises the CNS?
Noncumulative Preferred Stock
A type of preferred stock where dividends not paid in one period do not accumulate or have to be paid in future periods.
Noncumulative Preferred Stock
A type of preferred stock where missed dividend payments are not required to be paid to the shareholders in the future.
Par Value
The face value of a bond or the stock value stated in the corporate charter, which is the minimum legal capital per share.
Dividend
A portion of a company's earnings distributed to shareholders, representing a share of the corporate profits.
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