If the dividend is not declared during the period stated in the corporate charter, the dividend accrues and is payable later. If a dividend right isn’t cumulative, the dividend would be lost forever if it’s not declared during the period stated in the corporate charter. Accrued but unpaid dividends are sometimes convertible into shares of Common Stock.
If the dividend is not declared during the period stated in the corporate charter, the dividend accrues and is payable later. If a dividend right isn’t cumulative, the dividend would be lost forever if it’s not declared during the period stated in the corporate charter. Accrued but unpaid dividends are sometimes convertible into shares of Common Stock.
