Common use of Nature of Dividends Clause in Contracts

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. Dividends will be compounded and credited as set forth on the Rate Schedule. For dividend bearing accounts, the dividend period begins on the first calendar day of the period and ends on the last calendar day of the period. If you close your account before dividends are paid, you will not receive the accrued dividends.

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a the dividend period. Dividends will be compounded Dividend Compound and credited as Crediting. The compounding and crediting frequency of dividends and dividend period applicable to each account are set forth on in the Rate Schedule. For The Dividend Period is the period of time at the end of which an account earns dividend bearing accounts, the dividend period credit. This Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period. If you close your account before dividends are paid, you will not receive the accrued dividends.

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a the dividend period. Dividends will be are compounded and credited as set forth on the Rate Schedulemonthly. For dividend bearing accounts, the dividend period The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period. If Dividends will begin to accrue on deposits on the business day you close make the deposit to your account before dividends are paid, you will not receive the accrued dividendsaccount.

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a the dividend period. Dividends will be compounded Dividend Compounding and credited as set forth on Crediting – The compounding and crediting frequency of dividends and the dividend period applicable to each account are stated in the Rate Schedule. For The dividend bearing accounts, period is the period of time at the end of which an account earns dividend credit. The dividend period begins on the first calendar day of the period and ends on the last calendar day of the period. If you close your account before dividends are paid, you will not receive the accrued dividends.