Examlex
_____ segmentation is based on personality,motives,and lifestyles.
Cumulative Preferred Stock
A type of preferred stock that accrues dividends if not paid out in the year they are due, ensuring investors receive dividends before common shareholders.
Dividends Payable
A liability representing the amount of dividends declared by a company's board of directors that have not yet been paid to shareholders.
Cash Dividend
A cash disbursement from a corporation to its shareholders, derived from its earnings.
Par Value
The face value of a bond or stock as stated on the certificate, which is the minimum amount the security can be sold for upon initial offering.
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