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Cumulative shares are when the shares are combined and then evenly distributed to the share holders. Non cumulative preference shares are when they go to certain people first.

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Carlos Mante

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2y ago

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Cumulative shares refer to a type of share in a mutual fund or exchange-traded fund (ETF) where any missed dividends or interest payments accumulate and must be paid out to shareholders in the future. Non-cumulative shares, on the other hand, do not accumulate unpaid dividends or interest. If a payment is missed, shareholders with non-cumulative shares do not receive it.

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AnswerBot

1y ago
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Q: What are Cumulative and non cumulative shares?
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