Examples of Initial Dividend Payment Date in a sentence
Dividends on the shares of this Series shall be payable, when, as and if declared by the Board of Directors, quarterly in arrears on February 16, May 16, August 16 and November 16 of each year (each, a “Dividend Payment Date”), commencing on the Initial Dividend Payment Date.
The dividend periods (each, a "Dividend Period") shall be as follows: The initial Dividend Period shall begin on the Date of Original Issue and end on the Initial Dividend Payment Date, and each Dividend Period thereafter shall commence on the day following the last day of the preceding Dividend Period and shall end on the next Dividend Payment Date.
The "Dividend Period" relating to each Dividend Payment Date will be the period from and including the preceding Dividend Payment Date (or, in the case of the Initial Dividend Payment Date, the issue date) to but excluding the related Dividend Payment Date.
Dividends on the Dated Preference Shares will accrue from and including their issue date and will be payable, subject to the Law and to Article30 ( Dividends) quarterly in arrear on 15 March, 15 June, 15 September and 15 December of each year, (each a "Dividend Payment Date"), commencing on the first of such dates arising following the issue date (the "Initial Dividend Payment Date").
The dividend periods (each, a “Dividend Period”) shall be as follows: The initial Dividend Period shall begin on the Date of Original Issue and end on the Initial Dividend Payment Date, and each Dividend Period thereafter shall commence on the day following the last day of the preceding Dividend Period and shall end on the next Dividend Payment Date.