Kathy Faust was paid all of her past dividends before any common stock dividends were declared. Obviously, she profited from preferred stock's ________ feature.

According to my research on stocks, I can say that based on the information provided within the question she profited from preferred stock's cumulative feature. This is formally known as "securities containing a feature that requires the payment of passed dividends to preferred shareholders before providing common shareholders with a dividend payment."

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Kathy Faust was paid all of her past dividends before any common stock dividends were declared.​ Obviously, she profited from preferred​ stock's ________ feature.

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Kathy Faust was paid all of her past dividends before any common stock dividends were declared. Obviously, she profited from preferred stock's ________ feature.