Dividend Adjustment Factor definition
Dividend Adjustment Factor means the quotient of (x) the product of (i) the Dividend Value Adjustment multiplied by (ii) 2.8 divided by (y) the Novartis Share Value.
Dividend Adjustment Factor means: 1 + (Actual Dividend/S-Actual Dividend)
Dividend Adjustment Factor means initially, 1.0000, and upon each cash dividend paid by the Company from the Date of Grant through the last day on which the Performance Goal is measured, the Dividend Adjustment Factor then in effect shall be increased by adding an amount equal to such per share cash dividend, divided by the per share closing price of Company Stock on the related ex-dividend date, with the result being the new “Dividend Adjustment Factor” then in effect. The Dividend Adjustment Factor shall be calculated to four decimals.
Examples of Dividend Adjustment Factor in a sentence
The number of Shares subject to the Options shall be multiplied by the Special Dividend Adjustment Factor.
More Definitions of Dividend Adjustment Factor
Dividend Adjustment Factor means: 1 + (Actual Dividend / (S - Actual Dividend)) S" means the closing level of the iShares® ▇▇▇▇▇▇ Aggregate Bond Fund on the trading day prior to their ex‑dividend date on the principal market upon which they are listed. Upon each dividend payment by the iShares® ▇▇▇▇▇▇ Aggregate Bond Fund, the Calculation Agent will adjust its Component Ratio by multiplying the then applicable Component Ratio by the Dividend Adjustment Factor. As a result of these adjustments, the Component Ratio for the iShares® ▇▇▇▇▇▇ Aggregate Bond Fund will be increased each time a dividend is paid, which would potentially increase the Supplemental Redemption Amount. Holders of this Note may obtain the current Component Ratio for the iShares® ▇▇▇▇▇▇ Aggregate Bond Fund by calling the Calculation Agent at (▇▇▇) ▇▇▇-▇▇▇▇.
Dividend Adjustment Factor means the quotient of (i) the product of (x) the Dividend Value Adjustment (as defined below) multiplied by (y) 2.8 divided by (ii) the Novartis Share Value (as defined below).