Accrued Dividend

Accrued Dividend

A dividend that a publicly-traded company has declared but on which payment is not yet due. For example, if a company declares a dividend on May 31 to be paid on June 30, it is considered an accrued dividend between those two dates. An accrued dividend is listed as a liability on the company's balance sheet. It should not be confused with an accumulated dividend.
References in periodicals archive ?
Shares of Class B preferred stock will be traded for three shares of common stock, plus accrued dividend.
Upon the declaration of effectiveness of the registration statement, it is anticipated the board will declare the payment of the accrued dividend and distribute the registered Common shares in satisfaction of the accrued dividend.
From May 1 to the redemption date, the accrued dividend will be $0.
In addition, holders of the Preferred Shares of record on November 20, 2005 received the accrued dividends for the period up to the Redemption Date of $0.
7 million of the preferred and all of the accrued dividends, which amounted to $3.
00 per share plus accrued dividends and for general corporate purposes, which could include the redemption or payment at maturity of other outstanding securities.
Holders of the Preferred Shares of record on November 20, 2005 will receive the accrued dividends for the period up to the Redemption Date declared on November 11, 2005 of $0.
Accrued dividends to September 30, 1994, also will be paid.
80 percent serial preferred stock (cumulative, $100 par value) at a price of $102 per share plus accrued dividends.
19, 2015 /PRNewswire/ -- Zions Bancorporation ("Zions" or the "Company") (Nasdaq: ZION) announced today the commencement of a cash tender offer to purchase for cash the securities listed in the table below (collectively, the "Securities") in an amount such that the aggregate purchase price, plus Accrued Dividends (as defined below) for such Securities, shall not exceed $180,000,000 (the "Maximum Aggregate Purchase Amount").
On March 31, 2014, First Preferred Capital Trust IV will pay all accumulated deferred dividends, plus accrued dividends, on its 8.
00 per depositary share, plus accrued dividends to the date of redemption.