Examples of Dividend Entitlement in a sentence
Dividend Entitlement The Class B Shares and the Class F Shares are the only classes of shares entitled to receive dividends.
Dividend Entitlement The Issuer intends to pay out all of its net income and net realized capital gains as dividends within the time period specified in the Income Tax Act.
Therefore, the portion of the Capital Reduction Entitlement may be deemed by the Commissioner to also be an unfranked dividend in addition to the Distribution Dividend Entitlement.
In addition, the Commissioner may deem some or all of the Capital Reduction Entitlement to also be a dividend (discussed below).For the avoidance of doubt the Company does not have available franking credits to attach to any Distribution Dividend Entitlement.
This may consist of a return of share capital component (the Capital Reduction Entitlement) and possibly a dividend component (the Distribution Dividend Entitlement).
A capital loss will not arise.CGT Cost BaseShareholders should reduce the CGT cost base of their Shares by the Capital Reduction Entitlement, and should receive a CGT cost base in the TMK Distribution Securities that is equal to the Capital Reduction Entitlement.DividendThe Distribution Dividend Entitlement should be assessable as an unfranked dividend to Shareholders and will, generally speaking, be subject to income tax at the Shareholder’s applicable marginal rate.
They will be sent Scrip Dividend Entitlement Advices instead of Election Notices.
RCPS-i B Deferred Dividends 1 and RCPS-i B Deferred Dividends 2 (as the case may be) (“RCPS-i B Deferred Dividends”) may be declared and/or paid, at the discretion of the Company, on any subsequent RCPS-i B Preferential Dividend Entitlement Date, provided that the RCPS-i B Cumulative Condition (as defined below) is fulfilled on such RCPS-i B Preferential Dividend Entitlement Date.
The Employee Trust will have the ability to elect to receive a lesser portion of the distribution in respect of the Class B Shares forming part of the Maximum Dividend Entitlement which the Employee Trust may elect not to receive in cash, i.e. any portion of the Maximum Dividend Entitlement in excess of the Net Required Cash Distribution, will constitute an “Additional Benefit” which will reduce the NVF.
The assessment by Australian Ratings is that Gasnet would be rated at BBB based on the AER assessed cashflow and its costs to raise debt on the open market would exceed the benchmark cost of debt for a BBB+ rated firm used by the AER.