Daily Point 2291 - Non-Cumulative Preference Shares

 

The Banking Tutor 

Daily Point 2291 

Non-Cumulative Preference Shares 

Non-cumulative preference shares are a type of stock where dividends are paid only from a company's current year's profits and do not accumulate. If a company fails to pay a dividend in a given year, shareholders forfeit their right to that unpaid dividend, and it is not carried over to future years. 

Sekhar Pariti

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