Qualified dividend definition

Qualified dividend means a dividend received by a corporation during the tax year from a corporation that is an insurer, whether or not the insurer is engaged in business in Montana, if at the time of each dividend payment at least 80% of each class of stock of the insurer was owned, directly or indirectly, by the corporation receiving the dividend.
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Qualified dividend means a dividend received by a corporation during the tax year from a
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Qualified dividend means any distribution or dividend paid or made by the Borrower or Parent to its respective stockholders equal to the amount of any regularly scheduled payments then due and payable on either (a) Debt of WCA Corp. existing on the Closing Date or (b) Debt of WCA Corp. incurred after the Closing Date so long as such Debt described in this clause (b) has a maturity date at least six months after the scheduled Termination Date (as defined in the Second Lien Credit Agreement).
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Examples of Qualified dividend in a sentence

  • Dividends paid to a U.S. stockholder generally will not qualify for the tax rates applicable to “qualified dividend income.” Qualified dividend income generally includes dividends paid by domestic C corporations and certain qualified foreign corporations to U.S. stockholders that are taxed at individual rates.

  • Qualified dividend income is subject to the long-term capital gain tax rate, which is currently a maximum of 20%.

  • Qualified dividend income is generally taxable at rates not in excess of the long-term capital gain rate applicable to such U.S. Holders.

  • Dividends paid to a U.S. stockholder generally will not qualify for the tax rates applicable to “qualified dividend income.” Qualified dividend income generally includes dividends paid by domestic C corporations and certain qualified foreign corporations to U.S.

Related to Qualified dividend

  • Qualified distribution means a distribution from a Roth Elective Deferral Account after the Participant has satisfied a five year tax holding period and has attained age 59½, died, or become Disabled, in accordance with Code Section 402A(d). The five year tax holding period is the period of five consecutive taxable years that begins with the first day of the first taxable year in which the Participant makes a designated Roth Elective Deferral under the Plan or to another retirement plan which amount was directly rolled over to the Plan, and ends when five consecutive taxable years have been completed.

  • 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.

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

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a 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 tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Preferred Dividends means, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to the holders of other types of Equity Interests in such Person.