Expected Dividend definition

Expected Dividend means USD 0.135 per Share per calendar quarter based on a quarterly dividend payment date expected to occur on July 2, 2013, October 8, 2013 and January 7, 2014 (each, an “Expected Dividend Payment Date”) with an expected ex-dividend date of June 11, 2013, September 17, 2013 and December 13, 2013, as applicable (each an “Expected Dividend Ex-Dividend Date”).
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Expected Dividend means 100 per cent. of the cash dividend which is expected to be paid by an issuer of a share as at an ex dividend date for any share. The amount of the Expected Dividend in respect of any such share shall be either (i) the amount declared by such issuer, or if no such amount is declared, then (ii) an amount calculated by the Basket Sponsor with reference to appropriate industry sources, or if no appropriate industry sources are available to the Basket Sponsor, then (iii) the Basket Sponsor will use the Actual Dividend paid by the issuer of such share for the corresponding period in the previous year. The Expected Dividend shall be 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 such issuer in respect of the dividends, but not taking into account any associated tax credit arising under the law of the jurisdiction of such issuer) and shall not include rights issues, share dividends or any other form of non-cash dividends or rights. The Expected Dividend shall include any extraordinary or bonus dividend or other cash distribution as long as such dividend or distribution does not exceed 10 per cent. of the last cum-dividend Trading Price of the relevant share constituting the Basket but subject as provided in Section 8 (Other Adjustments) below;
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Expected Dividend means the aggregate cash dividends for which a record date is expected to occur during the six-month periods ending May 1 and November 1, initially equal to A$0.015 per semi-annual period per Ordinary Share (or A$0.06 per ADS), except that the Expected Dividend for the period beginning on the Issue Date of the SynDECS and ending on May 1, 2004 is A$0.015 and the Expected Dividend for the period beginning November 1, 2008 is initially zero. If the Threshold Appreciation Price is adjusted for a dividend differential as set forth in Paragraph 6(b) hereof, the Expected Dividend for the periods after such adjustment shall, to the extent described in such Paragraph, be reset to equal the Declared Dividend for the period in which the adjustment to the Threshold Appreciation Price is made. If as a result of any Adjustment Event or dilution adjustment (or any combination thereof) referred to in Paragraph 7 or 8 hereof the ADSs underlying the SynDECS are adjusted to include the securities of an issuer other than News Corporation or of more than one issuer (whether or not including News Corporation), then such adjustment shall apply with respect to any cash dividends to which the successor or additional securities of the applicable issuer(s) are entitled and the Calculation Agent shall adjust the amount of the Expected Dividend after the relevant event.
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Examples of Expected Dividend in a sentence

  • Early Ordinary Dividend: If an ex-dividend date for any dividend or distribution on the Shares occurs during any calendar quarter occurring (in whole or in part) during the Relevant Dividend Period and such ex-dividend date occurs prior to the Expected Dividend Ex-Dividend Date for such calendar quarter, the Calculation Agent shall make such adjustments to the Forward Price as the Calculation Agent determines appropriate to account for the economic effect on the Transaction of such event.

  • If a payment date for any dividend or distribution on the Shares occurs during any calendar quarter occurring (in whole or in part) during the Relevant Dividend Period and such payment date occurs prior to the Expected Dividend Payment Date for such calendar quarter, the Calculation Agent shall make such adjustments to the Forward Price as the Calculation Agent determines appropriate to account for the economic effect on the Transaction of such event.

  • Initial Forward Price: $46.60 per Share Forward Price: As of any day, the Initial Forward Price plus the Forward Interest Amount minus the Expected Dividend Amount.

  • If (i) 100% of the aggregate gross cash dividends per share of Common Stock (including any cash extraordinary dividends) declared by the Company and for which the ex-dates are scheduled to occur during any calendar quarter in the Pricing Period exceeds the relevant Expected Dividend Amount or (ii) an ex-date occurs for any ordinary cash dividend prior to the Scheduled Ex-Date therefor, a Dividend Event shall be deemed to have occurred.

  • 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).


More Definitions of Expected Dividend

Expected Dividend means 100 per cent. of the cash dividend which is expected to be paid by an issuer of a share as at an ex dividend date for any share. The amount of the Expected Dividend in respect of any such share shall be either (i) the amount declared by such issuer, or if no such amount is declared, then (ii) an amount calculated by the Basket Sponsor with reference to appropriate industry sources, or if no appropriate industry sources are available to the Basket Sponsor, then (iii) the Basket Sponsor will use the Actual Dividend paid by the issuer of such share for the corresponding period in the
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