Examples of Preferred Stock Dividend in a sentence
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividend Requirements For the purpose of calculating the ratio of earnings to fixed charges, earnings are defined as consolidated income from continuing operations before income taxes plus fixed charges.
The fixed charges amount for minority interest in net earnings of consolidated subsidiaries represents the pre-tax earnings amount which would be required to cover such fixed charges as calculated below: Earnings From Purchased Affiliates or Subsidiary's Preferred Stock Dividend Requirement ------------------------------------------------- 100% - Income Tax Rate The income tax rate is based on the relationship of the provision for income taxes to earnings before income taxes for the respective period.
During the period from October 7, 2021 through December 9, 2021, we issued a total of 2,580,206 shares of our 5.50% Series A1 Preferred Stock and 187,075 shares of our 5.50% Series M1 Preferred Stock, excluding shares issued via the Preferred Stock Dividend Reinvestment Plan, for net proceeds of $62.8 million.
If a Participant’s request to participate in the Preferred Stock Dividend Reinvestment Plan is received after the record date for a dividend, such dividend will be paid in cash and the initial dividend reinvestment will commence with the following dividend payment.
Participants will be notified of any suspension, modification or termination of the Preferred Stock Dividend Reinvestment Plan.
Participants may not pledge any shares of Preferred Stock held in their Preferred Stock Dividend Reinvestment Plan account.
This reservation is intended to minimize administrative expense and to encourage use of the Preferred Stock Dividend Reinvestment Plan as a long-term investment service.
If a Participant does not hold shares of Preferred Stock in their own name, such Participant will be furnished with a form of proxy covering the shares of Preferred Stock credited to such Participant’s account under the Preferred Stock Dividend Reinvestment Plan to which any such voting rights are attributable.
Dividends paid on the shares accumulated in the Preferred Stock Dividend Reinvestment Plan are included in the Form 1099-DIV information return sent annually to each stockholder.
For subproject RPs, PMU willdo the overall coordination, preparation, planning, implementation, and financing.