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Re: Louie_Louie post# 605142

Saturday, 04/18/2020 8:09:16 AM

Saturday, April 18, 2020 8:09:16 AM

Post# of 797035
The difference is what happens if the payment of a dividend is missed. If it is a non-cumulative preference share, the dividend is lost forever and never paid. If it is a cumulative preference share, the dividend may be paid later, if and when the funds to do so are available