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non cumulative shares are those shares which do not get previouse dividends due to company's bad financial position. for example, if they were suppose to get dividend @10% last year, but could not get due to bad financial position of the company, and in the current year company gets stable and is willing to pay dividend, so it will pay only current year dividends and not last year dividends... if it was cumulative share company would pay last year and current year dividend.. conclusion: non cumulative share doesnot get previouse dividends and cumulative share gets all dividends (previouse+ current) when compnay restores its good financial position.

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Q: What is non cumulative perference share?
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What is non-cumulative perference share?

non cumulative shares are those shares which do not get previouse dividends due to company's bad financial position. for example, if they were suppose to get dividend @10% last year, but could not get due to bad financial position of the company, and in the current year company gets stable and is willing to pay dividend, so it will pay only current year dividends and not last year dividends... if it was cumulative share company would pay last year and current year dividend.. conclusion: non cumulative share doesnot get previouse dividends and cumulative share gets all dividends (previouse+ current) when compnay restores its good financial position.


What are the types of preference share?

1.cumulative preference share capital 2.non cumulative preference share capital 3.participative preference share capital 4.non participative preference share capital


What are Cumulative and non cumulative preference shares?

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.


What are the various types of preference share?

1.cumulative preference share capital 2.non cumulative preference share capital 3.participative preference share capital 4.non participative preference share capital


What are Cumulative and non cumulative shares?

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.


Cumulative preference shares?

cumulative preference shares are those shares which get dividends for the current year and for the all previouse years if they were not paid due to the bad position of the compnay. suppose compay was suppose to pay dividends @ 10% every year to cumulative shares holders but could not pay fro two years due to bad financial position, and in the current year company is stable and willing to pay, so company will pay previouse + current year dividends to cumulative share holders, if it was non-cumulative share hoders compay would not pay all dividend, but it would pay only current year dividend. this is the difference between cumulative and non cumulative shares with respect to dividend payment. conculsion: cumulative gets all dividends if not paid earlier due to financail crises(previouse+ current) non cumulative gets only current dividend and not previouse dividend if not paid due to financial crises ( only current year dividend and all previouse are not paid)


Non-cumulative irredeemable preference shares?

The non cumulative irredeemable preference shares do not accumulate over time. This therefore means that they cannot be redeemed in future.


Why at all somebody invests in non cumulative preference shares instead of in cumulative preference shares?

The question is not answered


How would you define cumulative voting?

Cumulative voting, which permits shareholders to cast one vote for each share of common stock owned in any combination, is prevalent.


What is Citibank Preferred sticker symbol?

C.PRP is the Citibank Preferred stock symbol. This refers to the non-cumulative, Series AA, $1.00 par value stock with a liquidation preference of $25,000 per share .


Do Asian boys like mixed girls?

It depends on perference


What preference share is characterised by the property that should any dividends go unpaid those dividends must be paid before any future ordinary dividends?

cumulative preference share :)