Dividend Factor definition

Dividend Factor means a fraction, the numerator of which is the actual number of days in such Dividend Period and the denominator of which is 360.
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Dividend Factor means (i) for any Dividend Period prior to the later of the Dividend Payment Date in December 2011 and the Issue Date, a fraction, the numerator of which is the number of days in the Dividend Period computed on the basis of a 360-day year consisting of twelve 30-day months and the denominator of which is 360 and (ii) for any Dividend Period thereafter, a fraction, the numerator of which is the actual number of days in such Dividend Period and the denominator of which is 360.
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Dividend Factor means 43,118,018, as adjusted as provided in Section 9(c) of the Class A Provisions.
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Examples of Dividend Factor in a sentence

  • Bei nicht aktienbezogenen Indizes, Währungs- Wechselkursen, Rohstoffen und Futures Kontrakten als Basiswert entspricht deralso multiplied by the Dividend Factor.

  • Each component’s weight, at the International Weighting Date, is equal to its Cash Dividend Factor divided by the sum of all Cash Dividend Factors for all the components in that Index.

  • The Cash Dividend Factor is calculated for every component in the Index and then summed.

  • Each component’s weight, at the Weighting Date, is equal to its Cash Dividend Factor divided by the sum of all Cash Dividend Factors for all the components in that Index.

  • For this purpose, factors such as the level of interest rates, changes in market expectations relating to interest rates and margin considerations may be taken into account.n: number of calendar days between the current Adjustment Date (exclusive) and the next Adjustment Date (inclusive).DivF: Dividend Factor.

  • In the case of Long Warrants, the Dividend Effect is also multiplied by the Dividend Factor.

  • The initial weight of a component in the Index at the annual reconstitution is derived by multiplying the U.S. dollar value of the company’s annual dividend per share by the number of common shares outstanding for that company, “The Cash Dividend Factor.” 2 The Cash Dividend Factor is calculated for every component in the Index and then summed.

  • Holders of Series E-1 shall be entitled to receive on each share of Series E-1, out of funds legally available for the payment of dividends under Delaware law, cumulative cash dividends at a per annum rate equal to the Applicable Dividend Factor multiplied by the Liquidation Value thereof and all accrued and unpaid dividends thereon that have been compounded in accordance with the following sentence.

  • The "Dividend Factor" on any given day corresponds in the case of Shares and price indices to a value between 0 and 1, which is calculated by the Calculation Agent in its reasonable discretion based on the taxes or charges payable by the Calculation Agent or companies affiliated with it on the dividends or cash distributions equivalent to dividends distributed on that day on the relevant Share or one or several of the shares represented in the Index.Barausschüttungen berechnet wird.

  • To derive a company’s initial Index weight, (i) multiply theU.S. dollar value of the company’s annual gross dividend per share by the number of common shares outstanding for that company (the “Cash Dividend Factor”); (ii) calculate the Cash Dividend Factor for each company; (iii) add together all of the companies’ Cash Dividend Factors; and (iv) divide the company’s Cash Dividend Factor by the sum of all Cash Dividend Factors.


More Definitions of Dividend Factor

Dividend Factor is the dividend rate per share for a dividend period.
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Dividend Factor is the quotient determined by dividing (a) the cumulative amount, expressed in dollars and cents, of ordinary, regular or special cash dividends declared by the Board and actually paid by the Company, per share of Common Stock, during the Earning Period, by (b) Three Dollars and Twenty Cents ($3.20); provided, however, that (i) the cash dividend previously declared by the Board and payable August 23, 2017 will also be included as though a dividend declared and paid during the Earning Period, (ii) the Dividend Factor shall be adjusted as provided in Section 4.2 below in the event of a Change in Control, and (iii) the Dividend Factor shall in no event exceed 1.0. In any event, the Dividend Factor shall be subject to appropriate adjustments for any irregularities, all as determined by the Compensation Committee (which determination will be final for all purposes). The total number of Shares that may be earned may not exceed 100% of the Base Number of Shares.
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Dividend Factor shall be (i) from the Issue Date to and including December 31, 2012, 170 and (ii) from and including January 1, 2013 until the Exchange Date, 150, in the case of each of clause (i) and (ii), subject to adjustment pursuant to Section 7.
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Related to Dividend Factor

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Dividend Date means, in respect of a Preference Share, a date specified in the Issue Resolution on which a Dividend in respect of that Preference Share is payable.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.

  • Ex-Dividend Time means, with respect to any issuance or distribution on shares of Common Stock, the first date on which the shares of Common Stock trade regular way on the principal securities market on which the shares of Common Stock are then traded without the right to receive such issuance or distribution.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Dividend Payment Date means February 15, May 15, August 15 and November 15 of each year.

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Dividend Payment means dividends (in cash, Property or obligations) on, or other payments or distributions on account of, or the setting apart of money for a sinking or other analogous fund for, or the purchase, redemption, retirement or other acquisition of, any shares of any class of stock of the Company or of any warrants, options or other rights to acquire the same, but excluding dividends payable solely in shares of common stock of the Company.

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Deemed Dividend Problem means, with respect to any Foreign Subsidiary, such Foreign Subsidiary’s accumulated and undistributed earnings and profits being deemed to be repatriated to the Borrower or the applicable parent Domestic Subsidiary under Section 956 of the Code and the effect of such repatriation causing materially adverse tax consequences to the Borrower or such parent Domestic Subsidiary, in each case as determined by the Borrower in its commercially reasonable judgment acting in good faith and in consultation with its legal and tax advisors.

  • Applicable Dividend Rate means (i) during the period from the Original Issue Date to, but excluding, the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 5% per annum and (ii) from and after the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 9% per annum.

  • Dividend Rate has the meaning set forth in the Statement.

  • Dividend Equivalent means any right granted under Section 6(e) of the Plan.

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Common Stock Price means the volume weighted average closing price of the Common Stock as reported by the NYSE American for the 10 trading days immediately preceding the date on which the determination is made.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Accrued Dividends means, with respect to any share of Preferred Stock, as of any date, the accrued and unpaid dividends on such share from and including the most recent Dividend Payment Date (or the Issue Date, if such date is prior to the first Dividend Payment Date) to but not including such date.

  • Quarterly Dividend Period means the quarterly period commencing on and including a Dividend Payment Date and ending on and including the day immediately preceding the next subsequent Dividend Payment Date.

  • Dividend means any dividend (whether interim or final) resolved to be paid on Shares pursuant to the Articles.

  • annual cash dividend means cash dividends paid in any fiscal year of the Corporation to the extent that such cash dividends do not exceed, in the aggregate, the greatest of: