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dividend |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Idioms, Encyclopedia, Wikipedia | 0.02 sec. |
dividendIn business, the amount of money that company directors decide should be taken out of net profits for distribution to shareholders. It is usually declared as a percentage or fixed amount per share. The dividend, in the form of cash or shares, is recommended by the board and approved by the shareholders at the annual general meeting. A dividend payment is not guaranteed and may be withheld for many reasons including poor performance. Shares bought with the right to receive a declared dividend payment are said to be cum-dividend and those without the right are ex-dividend.
dividend
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On the eighteenth the directors meet, and, instead of the customary dividend, a double dividend will be declared. He saw a possibility, by much pinching, of saving money out of his salary toward paying a second dividend to his creditors, and it would not be easy elsewhere to get a situation such as he could fill. His father had failed at a time of commercial panic as a country banker, had paid a good dividend, and had died in exile abroad a broken-hearted man. |
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