Dividendi definition
Dividendi means, in respect of a Sharei and an Ex-Datei, the sum of (i) the gross cash dividend (including Extraordinary Dividends), (ii) the gross cash value of any non-cash dividend (including Extraordinary Dividends) and (iii) the gross cash value of any distribution by the Issuer of such Sharei (the "Share Issuer") out of its capital and surplus, before any withholding or deduction of applicable taxes, declared by the Share Issuer. If no cash value is declared by the Share Issuer in respect of any cash dividend, non-cash dividend or distribution, the cash value shall be as determined by the Calculation Agent.
Examples of Dividendi in a sentence
Dividendi, mida lepinguosalise riigi residendist äriühing maksab teise lepinguosalise riigi residendist dividendisaajale, maksustab ainult see teine lepinguosaline riik.