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Legal Terms - dividend
A payment announced by the company's directors (interim dividend) or at the annual general meeting (final dividend) to be distributed to shareholders from earnings available for distribution. The payment is established according to the stipulations of the share contract; it is a predetermined set rate for preference shares, but it will fluctuate based on the company's performance for ordinary shareholders.
A payment announced by the company's directors (interim dividend) or at the annual general meeting (final dividend) to be distributed to shareholders from earnings available for distribution. The payment is established according to the stipulations of the share contract; it is a predetermined set rate for preference shares, but it will fluctuate based on the company's performance for ordinary shareholders.
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