Standards by which a firm determines the amount of money it will pay as dividends.
Accumulated dividend A dividend that has reached its due date, but is not paid out. See: Cumulative preferred stock.
Cum dividend With dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually "cum dividend" for trades made on or before the fifth trading day preceding the record date, when the register of eligible holders is closed for that dividend period. Antithesis of ex-dividend.
Cumulative dividend feature
Cumulative dividend feature A requirement that any missed preferred or preference stock dividends be paid in full before any common dividend payment is made.