Examlex
Which of the following is primarily a confidentiality concern?
Cumulative Preferred Stock
Stock that has a right to receive regular dividends that were not declared (paid) in prior years.
Par Value
The nominal or face value assigned to a share of stock or bond, typically used in accounting as a base value rather than market value.
Dividend Liability
Refers to the amount a company owes to its shareholders after the board of directors declares a dividend but before the company has actually paid it.
Date of Declaration
The specific date on which a company's board of directors announces its intention to pay a dividend to shareholders.
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