cumulative preferred stock
Example Sentences
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AutoStrop agreed to take 310,000 shares of a $5 cumulative preferred stock for its growing business, which may earn $2,000,000 this year.
From Time Magazine Archive
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It has offered 1,000,000 shares of no par common stock at $27; a $25,000,000 issue of 6%, cumulative preferred stock with warrants at $104.
From Time Magazine Archive
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Latest addition to this list was Standard Brands which last week offered through a Morgan Stanley & Co. syndicate 200,000 shares of $4.50 cumulative preferred stock at $95 per share.
From Time Magazine Archive
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The capital consists of $500,000.00, divided into 50,000 shares, of the par value of $10.00 each, of which 25,000 are in 6% cumulative preferred stock and 25,000 in common stock.
From The Social Work of the Salvation Army by Lamb, Edwin Gifford