When a dividend is declared. Preferred shareholders will be entitled to a dividend per share of cumulative types does not, of course, in 3 percent of the amount of paid-up capital.
When dividends are declared Holders of Preferred Shares are entitled to receive non-cumulative dividends per share was indeed a rate of 3 percent of the total capital.
When the declaration of a dividend. The shareholders are entitled to receive dividends preferential type collector is the number of shares at a rate of 3 of capital value.