Shares which do not currently rank for dividend.
Shares that do not receive income either for a set period or until share income reaches a certain level.
Part of the ordinary capital of a company, these shares have exactly the same rights as ordinary shares with the exemption that they do not get a divident until certain conditions are met; for example, until after a specified date in the future or unless a certain level of profitablity is reachable.
do not receive a dividend until other categories of shares have received theirs.
A class of ordinary share that receives no dividend either for a set period or until the ordinary share dividend reaches a certain level.
shares in a company bearing the restriction that no dividend can be paid to the shareholder for a financial year, unless ordinary shareholders are paid a certain amount of dividend for that year. Also known as Founder Shares.
Shares, ranking for dividend after preference of preferred and ordinary shares, also known as deferred stock
Stocks whose dividends are not paid until the expiration of a stated date, or until a specified event, such as the company's profitability reaching a certain level, has taken place.
These shares are a type of shares issued by a joint-stock company; the deferred shareholders will receive a fluctuating rate of dividend after the preference shareholders have been paid their fixed rate in full.
