The type of preferred stock whose dividend payments are never paid to stock holders and are not considered in arrears is classified as

non-participating preferred stock

The type of preferred stock whose dividend payments are never paid to

1.	The type of preferred stock whose dividend payments are never paid to stock holders and are not considered in arrears is classified as
A.	non-participating preferred stock
B.	participating preferred stock
C.	non-cumulative preferred stock
D.	cumulative preferred stock
Answer» D. cumulative preferred stock