Dividend Increase Sample Clauses

A Dividend Increase clause sets out the conditions under which a company may raise the dividends paid to its shareholders. Typically, this clause will specify the timing, approval process, and any financial thresholds or performance metrics that must be met before an increase can occur. By clearly outlining the process for increasing dividends, the clause provides transparency and predictability for shareholders, helping to manage expectations and prevent disputes over profit distribution.
Dividend Increase. The Issuer shall not cause or permit a Dividend Increase except at least thirty (30) days prior to the record date for holders of Common Shares for the next dividend payable by the Issuer on its Common Shares.