Assertion: preference share | /r/HasProperty | cumulative
Facets:
Source sentences:
text: If the preference shares are cumulative, the investor is entitled to receive payment for missed dividends prior to any dividends being paid to common shareholders.
text: But there is a wrinkle to this situation because a type of preference shares known as cumulative shares allow for the accumulation of unpaid dividends that must be paid out at a later date.