Examples of Eligible Dividend in a sentence
The DRP applies only in respect of DRP Shares of a DRP Participant on which an Eligible Dividend is payable.
Unitholders should receive a T3 slip from their investment dealer providing this information.T3 supplementary slips for holdings of the Fund will indicate Other Income (Investment Income and Non-Investment Income) in Box 26, Foreign Non-Business Income in Box 25, Capital Gains in Box 21 and Eligible Dividend Income in Box 49.
Record Date in relation to an Eligible Dividend, means 5:00pm (Melbourne time) (or such other time as the Board may determine) on the date on which the entitlements for the Eligible Dividend are calculated.
Distribution Amount (each a Coupon Payment Amount):Net Yield, provided that such Eligible Dividend for the purpose of calculating Net Yield shall be (i) net of all withholding or other taxes required to be deducted on a gross basis from the relevant dividend assuming the recipient thereof is a non-Brazilian corporation organised and a non- Brazilian tax resident; and (ii) calculated in Brazil real (“ BRL”) and converted into USD at the Spot FX Rate on the relevant date when the Eligible Dividend is paid.
DRP Shares mean Shares which are designated by a DRP Participant as Shares that are to participate in this DRP under Rules 4 and 5, and in relation to which an Eligible Dividend is to be applied in subscribing for additional Shares in accordance with these Rules.