cumulative cumulative  /ˈkjum jə lə tɪv/

Definition(s):

  • (adj) increasing by successive addition

Usage(s):

  1. If preferred stock is non-cumulativein the opinion up to now of both lawyers and the publica passed dividend is lost.
  2. Instead the county undertook cumulative voting for a seven-seat county commission.
  3. Capitalism: A Love Story does not quite measure up to Moore's Sicko in its cumulative power, and it is unlikely to equal Fahrenheit 911 in political impact.

News

  1. Double Eagle Petroleum Series A Cumulative Preferred Stock Shares Cross 9% Yield Mark

    In trading on Friday, shares of Double Eagle Petroleum Co.'s 9.25% Series A Cumulative Preferred Stock (NASD: DBLEP) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $25.30 on the day. This compares to an average yield of 6.65% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred ...
    on June 15, 2013     Source: Forbes

  2. GreenHunter Resources Series C Cumulative Preferred Stock About To Put More Money In Your Pocket

    On 6/18/13, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (AMEX: GRH.PRC) will trade ex-dividend, for its monthly dividend of $0.2083, payable on 7/1/13. As a percentage of GRH.PRC's recent share price of $18.06, this dividend works out to approximately 1.15%, so look for shares of GRH.PRC to trade 1.15% lower — all else being equal — when GRH.PRC shares open for trading ...
    on June 15, 2013     Source: Forbes

  3. Winthrop Realty Trust's Series D Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon

    On 6/18/13, Winthrop Realty Trust's 9.25% Series D Cumulative Redeemable Preferred Shares (NYSE: FUR.PRD) will trade ex-dividend, for its quarterly dividend of $0.5781, payable on 7/1/13. As a percentage of FUR.PRD's recent share price of $26.80, this dividend works out to approximately 2.16%, so look for shares of FUR.PRD to trade 2.16% lower — all else being equal — when FUR.PRD shares open ...
    on June 15, 2013     Source: Forbes

Word of the Day
pivotal pivotal
/ˈpɪ və təl /