Declared Dividend definition

Declared Dividend means an ordinary cash distribution, special cash distribution, issue or dividend to existing holders of the relevant Component Security, declared by the Issuer of such Component Security (being the amount payable before deduction of any withholding or deduction for or on account of any tax which would have been made by or on behalf of the Issuer in respect of the dividend, but not taking into account any associated tax credit arising under the law of the jurisdiction of the Issuer) and which shall not include any extraordinary, or bonus dividend
Declared Dividend means 100% of the gross cash ordinary dividend per Share declared by the Issuer to holders of record of a Share;
Declared Dividend means the dividend declared by the Board of Directors of the Company by unanimous written consent on July 20, 2020, for stockholders of record on July 20, 2020 in the amount of the Declared Dividend Amount but unpaid as of the date of this Agreement.

Examples of Declared Dividend in a sentence

  • Immediately prior to the Closing, the Company shall pay to Paying Agent an amount equal to the Declared Dividend Amount for prompt payment of the Declared Dividend to stockholders of record of the Company on July 20, 2020.

  • Except with respect to the Declared Dividend, the Company has not, subsequent to March 31, 2012, declared or paid any dividend, or declared or made any distribution on, or authorized the creation or issuance of, or issued, or authorized or effected any split-up or any other recapitalization of, any of its capital stock, or, except with respect to Award Events, directly or indirectly redeemed, purchased or otherwise acquired any of its outstanding capital stock.

  • Purchaser has been advised that, except for the $0.25 per share cash dividends declared by the ▇▇▇▇▇▇ ▇▇▇▇ Board on (1) January 3, 2012 payable to stockholders of record on January 31, 2012 (paid on February 29, 2012) and (2) March 13, 2012 payable to stockholders of record on April 30, 2012 (to be paid on May 31, 2012) (the "Declared Dividend"), ▇▇▇▇▇▇ ▇▇▇▇ has not declared or paid any dividends in the past two years.

  • The Merger Consideration shall be adjusted appropriately and proportionately to reflect the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Shares), cash dividend (other than the Declared Dividend), reorganization, recapitalization, reclassification, combination, exchange of shares or other Table of Contents like change with respect to the Shares occurring on or after the Acceptance Time and prior to the Effective Time.

  • Under the terms of the Merger Agreement, except as required by law, ▇▇▇▇▇▇ ▇▇▇▇ is not permitted to declare, set aside or pay dividends (other than the Declared Dividend and any dividend by a subsidiary of ▇▇▇▇▇▇ ▇▇▇▇ to ▇▇▇▇▇▇ ▇▇▇▇ or a wholly-owned subsidiary of ▇▇▇▇▇▇ ▇▇▇▇) with respect to any of its capital stock without the prior written approval of DSM (which approval shall not be unreasonably withheld, conditioned or delayed).

  • If the total cash dividends on the Ordinary Shares in respect of which a record date occurs during the six-month periods ending May 1 and November 1 of any year (the "Declared Dividend") differ from the Expected Dividend, an event referred to as a "Dividend Adjustment Event," adjustments shall be made, at the option of the Company, either to the interest payable on the SynDECS or to the Threshold Appreciation Price (or, under certain circumstances described below, to both).

  • Other than the Declared Dividend, there are no declared or accrued unpaid dividends with respect to any shares of Company Stock.

  • For the avoidance of doubt, the Declared Dividend will remain the entitlement of relevant Independent Shareholders and will not be acquired by the Offeror pursuant to the Share Offer.

  • BASIC ANNUAL PER ACCOUNT FEES THE INDIVIDUAL PER ACCOUNT CHARGES WILL BE BILLED AS FOLLOWS: - Daily Accrual $16.65 - Declared Dividend $8.75 MINIMUM CHARGES - The monthly maintenance charge for each fund will be the actual account fees or $2000, whichever is greater.

  • For the avoidance of doubt, the Declared Dividend will remain the entitlement of the Independent Shareholders and will not be acquired by the Offeror pursuant to the Share Offer.


More Definitions of Declared Dividend

Declared Dividend means any Relevant Dividend declared by the relevant Share Issuer.
Declared Dividend means a dividend officially declared by the respective company. “Assumed Dividend” means a dividend predicted by looking at the history of the respective company’s declared dividends for a specific period or obtained from market consensus. “Future Value” means the calculated fairvalue of the dividend at expiry, taking interest into account.
Declared Dividend means the dividend declared on or about August 4, 2009 and payable to the shareholders of record of the Parent on or about September 14, 2009 in an amount not to exceed $12,000,000, which dividend shall be paid no later than October 31, 2009.
Declared Dividend means, in respect of a Sharei and a Relevant Dayt on which an Ex-Dividend Date falls, an amount of gross cash dividend and the cash value of any Unadjusted Stock Dividend as determined by the Calculation Agent, as declared per Sharei by the issuer of such Sharei on the date of the most recent relevant Dividend Declaration to which such Ex-Dividend Date relates. For the avoidance of doubt, Declared Dividend shall exclude any corporate gifts (kabunushi yutai).
Declared Dividend the interim dividend declared by the Company in respect of the six months ended 30 June 2015 of HK$0.0392 per Share which will be paid to all Shareholders whose names appeared on the register of members of the Company on 15 September 2015 “Director(s)” director(s) of the Company from time to time
Declared Dividend means dividend declared by Shanghai Information on 15th May

Related to Declared Dividend

  • Preferred Dividends means, with respect to a Person and for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by such Person. Preferred Dividends shall not include dividends or distributions (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b) paid or payable to such Person or its Consolidated Subsidiaries, or (c) constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

  • Dividend means any dividend (whether interim or final) resolved to be paid on Shares pursuant to the Articles.