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dividend

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dividend

In 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.

Most companies pay dividends quarterly; others once a year.

dividend

In mathematics, any number that is to be divided by another number. For example in the computation 20 ÷ 4 = 5, 20 is the dividend.



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? Mentioned in ? References in classic literature
 
On the eighteenth the directors meet, and, instead of the customary dividend, a double dividend will be declared.
Burning Daylight by London, Jack View in context
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.
The Mill on the Floss by Eliot, George View in context
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.
My Lady's Money by Collins, Wilkie View in context
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