Пример употребления: Cumulative dividends are the most beneficial to the preferred stock and the most burdensome on the common. Cumulative dividends accrue on the original issue price and are typically paid on liquidation of the startup or upon redemption of the preferred stock (most startups do not have funds to pay dividends currently, so that’s the reason for payment upon liquidation or redemption). (strictlybusinesslawblog.com).