Dividend Compounding Date definition
Dividend Compounding Date means March 31, June 30, September 30 and December 31 of each year, beginning for any Share, on the earliest such date after the Issuance Date.
Dividend Compounding Date means January 1 and July 1 of each year, commencing January 1, 1994.
Examples of Dividend Compounding Date in a sentence
Dividends on Shares shall compound quarterly on each Dividend Compounding Date.
For the avoidance of doubt, the amount of any quarterly dividend on Shares paid in cash to the holders of Shares on the Dividend Compounding Date pursuant to the immediately preceding sentence shall not compound on the Dividend Compounding Date and shall not be included in Accrued Value.