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_______ is a type of preferred stock that provides a greater guarantee of dividend payments to its holders.

_______ is a type of preferred stock that provides a greater guarantee of dividend payments to its holders.

ترجیحی اسٹاک کی ایک قسم ہے جو اپنے ہولڈرز کو منافع کی ادائیگیوں کی زیادہ ضمانت فراہم کرتی ہے۔ _____
Explanation
  • Cumulative preferred stock ensures that if dividends are missed, they accumulate and must be paid before any dividends go to common shareholders.
  • Non-cumulative preferred stock does not have this feature, meaning missed dividends are lost.