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How can a third party or a common enemy be used as a superordinate goal?
Cumulative Preferred Stockholder
A cumulative preferred stockholder is an investor who owns preferred shares that accumulate unpaid dividends, ensuring they are paid out before any dividends on common stock.
Dividends in Arrears
Dividends on preferred stock that have been declared but not yet paid to shareholders.
Nonparticipating
Typically refers to insurance policies or preferred stock where the holders do not have the right to share in certain dividends beyond the specified rate or in the surplus assets.
Dividends
Payments made by a corporation to its shareholder members. It is the share of profits and retained earnings that the company pays out to its shareholders.
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