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Dividends in Arrears
Unpaid dividends on cumulative preferred stock which must be paid out before any dividends can be distributed to common stockholders.
Dividends Payable
A liability on a company's balance sheet representing the amount owed to shareholders in the form of dividends that have been declared but not yet paid.
Cumulative
Referring to the aggregate or total amount accumulated over a period of time, often used in the context of dividends or records.
Preferred Stockholders
Investors who own preferred shares in a company, having priority over common stockholders in receiving dividends and assets upon liquidation.
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