preferred dividend

preferred dividend
A dividend declared and paid on preferred stock. A dividend payable by virtue of contract to one class of stockholders in priority to that to be paid to another class. 19 Am J2d Corp § 809.

Ballentine's law dictionary. . 1998.

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  • preferred dividend — A payment of a corporation s profits to holders of preferred shares of stock. (See also: preferred stock) Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc. Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …   Law dictionary

  • preferred dividend — UK US noun [C] US FINANCE, STOCK MARKET ► PREFERENCE DIVIDEND(Cf. ↑preference dividend) …   Financial and business terms

  • Preferred Dividend Coverage Ratio — A coverage ratio that measures a company s ability to pay off its required preferred dividend payments. A healthy company will have a high coverage ratio, indicating that it has little difficulty in paying off its preferred dividend requirements …   Investment dictionary

  • Preferred Dividend — A dividend that is accrued and paid on a company s preferred shares. In the event that a company is unable to pay all dividends, claims to preferred dividends take precedence over claims to dividends that are paid on common shares. Preferred… …   Investment dictionary

  • preferred dividend —    A payment of a corporation s profits to holders of preferred stock …   Business law dictionary

  • preferred dividend coverage — net income after interest and taxes (before common stock dividends) divided by preferred stock dividends. Bloomberg Financial Dictionary …   Financial and business terms

  • cumulative preferred dividend — Dividend on preferred stock which, if declared at the end of a particular year, must be paid before any common stock dividend is paid. See also dividend …   Black's law dictionary

  • cumulative preferred dividend — Dividend on preferred stock which, if declared at the end of a particular year, must be paid before any common stock dividend is paid. See also dividend …   Black's law dictionary

  • dividend — div·i·dend / di və ˌdend/ n 1: the part of corporate net earnings distributed usu. periodically (as quarterly) to stockholders in the form of cash, additional shares, or property either as a set amount per share or a percentage of par value… …   Law dictionary

  • dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

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