The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

DIVIDEND IN ARREARS Definition & Legal Meaning

Definition & Citations:

A DIVIDEND that has accumulated for one or more payment periods and is payable to the current holders of CUMULATIVE PREFERRED STOCK. Dividends cannot be paid to COMMON STOCK or NONCUMULATIVE PREFERRED STOCK investors until the arrears have been made current.


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