Examples of Special Dividends in a sentence
For Series where the Self Funding Feature applies, the Final Instalment is reduced by the amount of Dividends and Special Dividends (subject to any deduction for tax and closely held trust obligations) applied to pay down the Loan Amount.
For Series where the Self Funding Feature applies, the Holder irrevocably directs the Trustee to transfer the amount of the Dividends and Special Dividends (subject to any deduction for tax and closely held trust obligations) to Citi to pay down the Loan Amount and to reduce the Final Instalment.
Even when Dividends or Special Dividends are declared they may not be equal to or greater than the Daily Funding Amounts over the same period in which case your Loan Amount will increase resulting in a decrease in the value of your CitiFirst Instalment MINIs.
Application of Dividends and Special DividendsDuring the term of the investment, a Holder is entitled to all the Dividends and Special Dividends, and, depending on their circumstances, available franking credits (if any) payable in relation to the Underlying Share.
This example illustrates that the Stop Loss Trigger Level and the Final Instalment are affected by the Underlying Share going ex-Dividend.Investors should be aware that Dividends (and any Special Dividends) may not always be declared in any given year, in which case the Final Instalment will not be reduced.