Gross Dividend definition

Gross Dividend means the Gross Amount of any dividend declared on a respective underlying (as published by the issuer of the underlying).
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Gross Dividend means 100% of the gross cash dividend per Basket Componenti declared by the issuer of the Basket Componenti, where "gross cash dividend" shall represent a sum before the withholding or deduction of Taxes at the source by or on behalf of any applicable authority having power to tax in respect of such dividend, and shall exclude any imputation or other credits, refunds or deductions granted by any applicable authority having power to tax in respect of such dividend and any taxes, credits, refunds or benefits imposed, withheld, assessed or levied thereon.
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Gross Dividend means the amount of a Dividend paid by the Depository Bank or the Issuer prior to deductions of any tax (eg withholding tax) or any DR Bank fees;
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Examples of Gross Dividend in a sentence

  • PLC and NV propose, except in relation to their 1992 final dividends and, in the case of PLC, its 1992 interim dividend and except in the further circumstances described in this schedule, to pay dividends on their ordinary shares on the basis that the ratio of the Gross Dividend Amount on one NV Ordinary share to the Gross Dividend Amount on one PLC Ordinary share, translated using the Applicable Exchange Rate, will be the Equalisation Ratio.

  • The Gross Dividend Amount is the amount before applying tax rates (Net Dividend Amount).

  • In the period prior to any Dividend Determination Date, the parties shall consult with a view to agreeing, as envisaged by sub-paragraph 4.1.1, the Gross Dividend Amount to be declared, paid or recommended for payment by each of them (subject to final determination of the Applicable Exchange Rate) and hence the Target Dividend which each proposes to notify to Xxxx Elsevier on the Dividend Determination Date pursuant to article 105 (Income Rights) of the articles of association of Xxxx Elsevier.

  • As we will see in later chapters, the activation and registration services in the coordination framework belong to this category.

  • A UK resident individual who is liable to income tax at the additional rate will be subject to income tax on the Gross Dividend at 37.5 per cent., but will be able to set the tax credit off against part of this liability.

  • In relation to each proposed dividend payment to their shareholders, the Board of PLC and the NV Combined Board shall agree from time to time the Gross Dividend Amounts in respect of dividends to be declared, paid or, where appropriate, recommended for payment by them respectively.

  • In relation to each proposed dividend payment to their shareholders, the Board of PLC and the Board of NV shall agree from time to time the Gross Dividend Amounts in respect of dividends to be declared, paid or, where appropriate, recommended for payment by them respectively.

  • In the case of such a Shareholder who is not liable to UK income tax at either the higher or the additional rate, that Shareholder will be subject to UK income tax on the Gross Dividend at the rate of 10 per cent.

  • In the case of a Shareholder who is liable to UK income tax at the additional rate, the Shareholder will be subject to UK income tax on the Gross Dividend at the rate of 37.5 per cent., to the extent that the Gross Dividend falls above the threshold for the additional rate of UK income tax when it is treated (as mentioned above) as the top slice of the Shareholder’s income.

  • However, in calculating the Shareholder’s liability to UK income tax in respect of the Gross Dividend, the tax credit (which equates to 10 per cent.


More Definitions of Gross Dividend

Gross Dividend means the total of the dividend and the related tax credit;
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Gross Dividend means the aggregate of the dividend declared and the tax credit
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Gross Dividend means 100% of the gross cash dividend per Basket Componenti declared by the issuer of the Basket Componenti, where "gross cash dividend" shall represent a sum before the
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Gross Dividend means 100% of the gross cash dividend per Sharei declared by the issuer of Sharei, where "gross cash dividend" shall represent a sum before the withholding or deduction of Taxes at the source by or on behalf of any applicable authority having power to tax in respect of such dividend, and shall exclude any imputation or other credits, refunds or deductions granted by any applicable authority having power to tax in respect of such dividend and any taxes, credits, refunds or benefits imposed, withheld, assessed or levied thereon.2. Basket Investment Advisor Agreement and Basket Allocation GuidelinesA Basket Investment Advisor Agreement, governed by English law, has been entered into on 2 August 2016 between the Issuer, the Calculation Agent and Deutsche Bank (Suisse) SA (the "Basket Investment Advisor").Pursuant to the Basket Investment Advisor Agreement, the Basket Investment Advisor shall have the right, but not the obligation, no more than 20 times per Year, to recommend that one or more Basket Components within the Basket be reweighted, or replaced by one or more new Basket Components (each a "Recommendation") on any Scheduled Trading Day (each such date, a "Rebalancing Date"). Any such Recommendation must be made in accordance with the Basket Allocation Guidelines and these Economic Terms and Conditions.For the purpose of this paragraph 2, the term "Year" means the period between the Strike Date and the first anniversary thereof, and then the period between subsequent anniversaries of the Strike Date thereafter. Following receipt of a Recommendation from the Basket Investment Advisor a Rebalancing will be effected. A "Rebalancing" occurs where the weighting of one or more Basket Componenti is adjusted, including where a Basket Component is added to the Basket or removed from the Basket.A Rebalancing Fee is deducted for each Rebalancing and represents a percentage of the notional value of the purchase price (where a Basket Component is being added to the Basket or the weighting of a Basket Component is being increased pursuant to a Recommendation) or the sale price of a Basket Component (where a Basket Component is being removed from the Basket or the weighting of a Basket Component is being reduced pursuant to a Recommendation). Such notional purchase or sale price of any Basket Component shall be net of any taxed, duties or other withholding imposed in either of the jurisdiction in which the issuer of the Basket Component is incorporated and/or the juri...
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Related to Gross Dividend

  • Regular Dividend means USD0.55 per Share per quarter. Upon any adjustment to the Initial Dividend Threshold (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

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

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

  • 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.

  • Dividend Payout Ratio means, at any date of determination, the ratio, expressed as a percentage, of (a) the sum of, without duplication, of all dividends paid by the Parent Guarantor on account of any common stock or preferred stock of the Parent Guarantor, except dividends payable solely in additional Equity Interests of the same class, to (b) Funds From Operations, in each case for the four consecutive fiscal quarters of the Parent Guarantor most recently ended.

  • Special Dividend means any special or abnormal dividend or distribution in respect of securities (including a distribution of income or capital) and includes a dividend or distribution described by the entity declaring that dividend or distribution as:

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

  • Cash Dividend means any dividend or distribution in respect of the Ordinary Shares which is to be paid or made to Shareholders as a class in cash (in whatever currency) and however described and whether payable out of share premium account, profits, retained earnings or any other capital or revenue reserve or account, and including a distribution or payment to Shareholders upon or in connection with a reduction of capital.

  • 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 (or to make any payments to any Person, such as "phantom stock" payments, where the amount thereof is calculated with reference to the fair market or equity value of the Company or any of its Subsidiaries), but excluding dividends payable solely in shares of common stock of the Company.

  • 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: (i) 200% of the aggregate amount of cash dividends declared payable by the Corporation on its Common Shares in its immediately preceding fiscal year; (ii) 300% of the arithmetic mean of the aggregate amounts of the annual cash dividends declared payable by the Corporation on its Common Shares in its three immediately preceding fiscal years; and (iii) 100% of the aggregate consolidated net income of the Corporation, before extraordinary items, for its immediately preceding fiscal year;

  • 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.

  • Extraordinary Dividend means any cash dividend or distribution (or portion thereof) that the Calculation Agent determines, in its sole discretion, is extraordinary or special; and

  • Extraordinary Cash Dividend means any cash dividend with respect to the Common Stock the amount of which, together with the aggregate amount of cash dividends on the Common Stock to be aggregated with such cash dividend in accordance with the provisions of this paragraph, equals or exceeds the threshold percentage set forth in item (i) below. For purposes of item (i) below, the "Measurement Period" with respect to a cash dividend on the Common Stock shall mean the 365 consecutive day period ending on the date prior to the Ex-Dividend Time with respect to such cash dividend, and the "Relevant Cash Dividends" with respect to a cash dividend on the Common Stock shall mean the cash dividends on the Common Stock with Ex-Dividend Times occurring in the Measurement Period.

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

  • Dividends shall have the meaning provided in Section 10.6.

  • 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.

  • Preferred Dividends means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b) paid or payable to the Parent or a Subsidiary, or (c) constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

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

  • 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 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).

  • Initial Dividend Rate means, with respect to a series of APS, the rate per annum applicable to the Initial Dividend Period for such series of APS.

  • 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 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.

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

  • Permitted Dividend has the meaning provided in Section 6.1(d).

  • Rights Dividend Declaration Date shall have the meaning set forth in the recitals to this Agreement.