Examples of Dividend Amount in a sentence
On October 1, 2003, Husky paid the following dividends to Hutchison [i.e. HWEI] and LF Luxembourg: Shareholder HutchisonLF LuxembourgCommon shares 146,548,737152,530,319Gross Dividend Amount (CAD)$161,203,610$167,783,350$328,986,960 41.
Any reinvestment, for the purposes of determining the Dividend Amount, is entirely notional and, accordingly, may relate to fractions of a Share, but, if it is paid in Shares, the number of Shares issued or transferred will be rounded to the nearest whole Share as part of the vesting of the Award.
For the purpose of determining the Dividend Amount, the “market value” of a Share will be the closing price of a Share on the payment date of the Qualifying Dividend or will be determined in such other manner as the Board considers reasonable.
Following such determination, the Strategy Sponsor will adjust the Strategy on or around the Ex Day with the aim of reflecting the economic effect of such Net Dividend Amount (as determined by the Strategy Sponsor acting in good faith and a commercially reasonable manner).
The Dividend Amount will be paid in additional Shares unless the Board decides that it will be paid in cash of equivalent value, as determined by the Board.