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What is the difference between a 'cumulative' and 'non-cumulative' dividend?
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What is the difference between a 'cumulative' dividend and a 'non-cumulative' dividend?
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A: A cumulative dividend is one that increases each quarter; non-cumulative dividends stay the same.
B: Cumulative dividends must eventually be paid to you while non-cumulative dividends can be skipped.
C: Cumulative dividends can be paid at any time while non-cumulative dividends are paid quarterly.
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