Common use of Nature of Dividends Clause in Contracts

Nature of Dividends. Dividends are paid from current income and available earnings at the end of the dividend period. The Dividend Rate and APY are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and APY are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend dividend Rate and APY are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

Nature of Dividends. Dividends are paid from current income and available earnings at after providing for the end of the dividend periodrequired reserves. The Dividend Rate dividend rates and APY APYs are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. For interest bearing accounts closed prior to the end of the dividend period, dividends will be paid up to the date of the account closing.

Nature of Dividends. Dividends are paid from current income and available earnings at the end of the dividend periodafter required transfers to reserves. The Dividend Rate dividend rates and APY APYs are the prospective rates and yields that the Credit Union credit union anticipates paying for the applicable a specific dividend period.