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accumulated dividend
ac·cu·mu·lat·ed div·i·dend (plural ac·cu·mu·lat·ed div·i·dends)


noun 
Definition:
 
dividend owed and not paid: the amount owed to a holder of preferred stock but not yet paid
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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