60.1K
Verified Solution
Link Copied!
The cumulative feature of preferred stock ensures
Select one:
the stock will always have a value higher than the common shares
shareholders have voting rights equal to or greater than those of common shareholders
the corporation is not liable for dividends not paid in future periods
shareholders will eventually receive their dividends for the year even if a dividend is not declared that year
Answer & Explanation
Solved by verified expert
