Examlex
When the scores are close together,the number representing this variability will be
Cash Dividend
A payout from a corporation's profits, determined by its board of directors, provided to a specific group of its stockholders as cash.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as outlined in its articles of incorporation.
Noncumulative
Pertains to certain preferential shares or rights that do not have the feature of accumulating unpaid dividends or benefits, contrasting with cumulative counterparts.
Preferred Stock
A type of stock that provides holders with certain privileges over common stockholders, typically with fixed dividends and priority in asset distribution upon liquidation.
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