Examples of Dividend Price in a sentence
If the Holder elects to receive shares of Common Stock in payment of the redemption, the shares of Common Stock issuable upon redemption of each share of Series A Preferred Stock shall be the sum of (i) that number of shares of Common Stock equal to (A) the Stated Value divided by (B) the Conversion Price; plus (ii) that number of shares of Common Stock equal to (A) the Additional Amount divided by (B) Stock Dividend Price.
PIK Dividends shall be paid by delivering to each record holder of Preferred Shares a number of shares of Common Stock (“PIK Dividend Shares”) determined by dividing (x) the total aggregate dollar amount of dividends accrued and unpaid with respect to Preferred Shares owned by such record holder on the record date for the applicable Dividend Payment Date (rounded to the nearest whole cent) by (y) the applicable PIK Dividend Price.
Performance of Index, explanation of effect on value of investment and associated risks and other information concerning the Index: The Call Redemption Amount of the Note issued at 5 % above par is linked to the performance of the underlying index, MSCI Europe ESG Leaders Select Top 50 Dividend Price Return EUR Index (Bloomberg: MXCXELS Index).
Performance of Index, explanation of effect on value of investment and associated risks and other information concerning the Index: The Call Redemption Amount of the Note issued at 10 % above par is linked to the performance of the underlying index, MSCI Europe ESG Leaders Select Top 50 Dividend Price Return EUR Index (Bloomberg: MXCXELS Index).
In subsequent years, the dividend amount will be calculated based on the appreciated stock price compared to the highest Dividend Price previously used in calculating the Preferred stock dividends.