Current Dividend definition

Current Dividend means a dividend on the Preferred Stock which is paid on the first Dividend Payment Date after it has accrued.

Current Dividend means a distribution of retained earnings to the ultimate beneficial owners of the Group by way of dividend and/or shareholders loans; which is currently negligible (€0).

Current Dividend means an amount of € 425,000 which is distributed to the ultimate beneficial owners of The Group by way of dividend and/or shareholders loans;

Examples of Current Dividend in a sentence

• Recalculated "Current Dividend Shares" by adding "Dividend Shares Beginning of Day" and "Activity/Estimate" for each class.

• Recalculated for each class "Adjusted Dividend Assets" by multiplying "Prior Day NAV Per Share" by "Current Dividend Shares".

• If an Eligible Person fails to make such an election at the time required hereunder, he shall be deemed to have elected the Current Dividend Equivalents.

• Notwithstanding anything else contained herein to the contrary, the PIK Dividend shall be reduced by the amount of any Current Dividend with such Current Dividend first offsetting the current portion of the PIK Dividend and then offsetting any accrued and unpaid portion of the PIK Dividend.

• Employee acknowledges that all original works of authorship relating to the business of Employer which are made by him (solely or jointly with others) within the scope of his duties under this Agreement and which are protectable by copyrights are "works made for hire" as that term is defined in the United States Copyright Act (17 U.S.C.A., Section 101), and that Employee is an employee as defined under that Act.

• All additional dividends shall be cumulative from the Dividend Payment Date for the Past Due Current Dividend by reason of which the additional dividend accrues.

• In the event that the Current Dividend for a Dividend Period exceeds the sum of the PIK Dividend for such period (determined without regard to the payment of the Current Dividend for such period Dividend Period) and the accrued and unpaid PIK Dividend for all prior Dividend Periods, no PIK Dividend shall accrue or be owed to the holders of Series D Preferred Stock for such Dividend Period.

• Any dividend payment made on shares of the Series B Preferred Stock shall first be credited against the earliest accrued but unpaid Current Dividend due with respect to such shares which remains payable and pro rata, to the extent then payable, against the earliest accrued but unpaid Accrued Dividends then due with respect to such shares which have become and remain payable.

• Current Dividend Yield is derived by dividing a company's current annualized dividend by its current share price.

• The term “Current Dividend Period” shall mean the respective period commencing on and including the first day of each month and ending on and including the day preceding the first day of the next succeeding Current Dividend Period (other than the initial Current Dividend Period and the Current Dividend Period during which any shares of Series B Preferred Stock shall be redeemed or otherwise acquired by the Corporation).

More Definitions of Current Dividend

Current Dividend shall have the meaning ascribed to it in the Articles Supplementary.

Current Dividend has the meaning ascribed to it in the Series D Preferred Articles Supplementary.

Current Dividend shall, as used in Schedule 2, have the meaning ascribed to it in the Articles Supplementary and, as used in Schedule 3, have the meaning ascribed to it in the Series E Articles Supplementary.

Current Dividend has the meaning ascribed to it in the Series E Preferred Articles Supplementary.

Current Dividend means a quarterly dividend on the Common Stock in an amount not to exceed $0.33 per share per annum, which amount will be reduced to reflect any subdivision of the Common Stock by means of a stock split, stock dividend or otherwise.

Current Dividend means the amount of the current dividend;