Dividend Formula definition

Dividend Formula has the meaning assigned to it in Schedule 2.
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Dividend Formula means the following formula to be applied by the Calculation Agent in respect of the calculation of the Scheduled Preference Dividends and Final Preference Dividends payable to the Subscriber in respect of the applicable Preference Shares:
Sample 1

Examples of Dividend Formula in a sentence

  • Dividend Formula = Balance X Number of Days X (Dividend Rate ÷ 365)* *Rounded to eight places Dividend Calculation Method: Dividends accrue from the day the deposit is posted up to the day of withdrawal.

  • Dividend Formula = Balance X Number of Days X (Dividend Rate  365)* *Rounded to eight places Dividend Calculation Method: Dividends accrue from the day the deposit is posted up to (and including) the day of withdrawal.

  • KPERS 3 Dividend Formula and ExperienceThe Planning and Research Officer, KPERS, provided information on the KPERS 3 dividend credit, established by 2012 law creating a cash balance plan.

  • If a property is three storeys or more in height, occupied by five persons or more or forming more than one household sharing some facilities such as a kitchen or bathroom, then it will require a license.

  • Dividend Formula = Balance X Number of Days X (Dividend Rate  365)* *Rounded to eight places Dividend Calculation Method: Dividends accrue from the day the deposit is posted up to the day of withdrawal.

  • Reporting period means the period specified by CMS for which an HCPP must report its costs and utilization.42 CFR Ch. IV (10–1–13 Edition)(b) Qualifying conditions.

  • Dividend Formula The formula and discussion below describe how Fig’s Revenue Share, which is derived from the Marauder License Agreement as discussed above, leads to distributions to holders of FGS – Marauder.

  • A Resolution Urging The Alaska State Legislature To Approve Paying Of The Annual Permanent Fund Dividend In Accordance With The Dividend Formula Outlined In Alaska State Statute.

  • A Resolution Urging The Alaska State Legislature To Approve Paying Of The Annual Permanent Fund Dividend In Accordance With The Dividend Formula Outlines In Alaska State Statute.

Related to Dividend Formula

  • 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%.

  • 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.

  • 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.

  • Ex-Dividend Time means, with respect to any 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 distribution.

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

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

  • 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.

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

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

  • 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.

  • 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 Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • DSUs means the deferred share units granted under the DSU Plan;

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • 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.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Dividend Date means a date specified in the Issue Resolution on which a dividend in respect of that preference share is payable.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • 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.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;