Dividend Accrual Date definition

Dividend Accrual Date means the last day of March, June, September and December in each year.
Dividend Accrual Date means each anniversary date of the Purchase Date and the dates three months, six months and nine months of each year thereafter, beginning with the date three months after the Purchase Date, or at such additional times and for such interim periods, if any, as determined by the Board of Directors.
Dividend Accrual Date means the date that is one hundred and eighty (180) days following the Issue Date.

Examples of Dividend Accrual Date in a sentence

  • An annual dividend period shall commence on the day following a Dividend Accrual Date and shall end on the next succeeding Dividend Accrual Date.

  • Dividends on the Preferred Stock shall be cumulative and shall accrue quarterly in arrears on March 31, June 30, September 30 and December 31 (each, a "DIVIDEND ACCRUAL DATE") of each year (each three-month period (or such period from the date of original issue until December 31, 1999) expiring on a Dividend Accrual Date being referred to herein as a "DIVIDEND PERIOD").

  • All cash dividends shall be cumulative, whether or not declared, on a daily basis from the fifth anniversary of the Purchase Date or the date of issuance, whichever is later, and shall accrue quarterly in arrears on each Dividend Accrual Date, commencing on the first Dividend Accrual Date after the fifth anniversary of the Purchase Date or the date of issuance, whichever is later.

  • If any Dividend Accrual Date on which the Board of Directors determines to pay dividends on the Series G Preferred Stock would otherwise fall on a day that is not a Business Day, then the dividend payment due on such Dividend Accrual Date shall be postponed to the next day that is a Business Day and no additional dividends shall accrue as a result of such postponement.

  • If the Board of Directors elect to pay dividends in cash on any Dividend Accrual Date, the Company shall provide written notice thereof to the Holders not less than three Business Days prior to such Dividend Accrual Date.


More Definitions of Dividend Accrual Date

Dividend Accrual Date means February 1, May 1, August 1 and November 1 of each year, whether or not such day is a Business Day.
Dividend Accrual Date means December 16, 2018.
Dividend Accrual Date means the first day of each calendar month.
Dividend Accrual Date has the meaning set forth in Section D.
Dividend Accrual Date means each January 1, April 1, July 1 and October 1 of each year, beginning on the first such date after the date of issuance of the applicable shares, or at such additional times and for such interim periods, if any, as determined by the Board of Directors.
Dividend Accrual Date means each March 5, June 5, September 5 and December 5 after the Issue Date, beginning on March 5, 2000 and ending on June 5, 2003.
Dividend Accrual Date means the date from which dividends accrue on Converting Preference Shares as specified in the Terms of Issue.