Deferred Dividend

Deferred Dividend

A type of whole life insurance in which the policyholder does not receive any dividends the policy earns until a certain time (called the dividend period) has passed. If a policyholder dies during the dividend period, any dividends he/she would have earned are deposited in a fund that pays the dividends of policyholders who survive the period. As with all insurance, one must pay premiums receive any benefits at all.
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0% Series B Convertible Preferred Stock bringing current all previously deferred dividend obligations to its preferred shareholders as of September 30, 2010.
The Company said its Board of Directors has not deferred dividend payments on the Trust Originated Preferred Securities.
The Company will address the deferred dividend payments subsequent to emergence from Chapter 11.
If however earnings are not distributed from the DISC then the shareholders are subject to an interest charge on this deferred dividend income.
As a result of the likely deferred dividend cover, the board has also cut the 2012 dividend by 50% to 2.
A tontine life insurance policy paid a deferred dividend to policyholders who timely paid their life insurance premiums for a specified period: 10, 15, or 20 years, depending on the policy that the applicant chose.
As noted, a deferred dividend, although it may not itself cause an AMT, could still cause an ACE adjustment that increases tentative minimum tax.
The Deferred Dividend shall not accrue or become payable in any way until the date twelve months after the passing of this resolution and shall then only be payable to those holders of Deferred Shares registered in the register of members of the Company as holders of Deferred Shares on the date twelve months after the passing of this resolution.
4m in deferred dividend payments were accrued when due and were deducted from capital.
The deferred dividend that was scheduled to be paid on October 15, 2012 in the amount of $1.
Some pounds 299,000 of deferred dividend payments are already owed to preference shareholders, whose pounds 1.
DEFERRED DIVIDEND TOTAL RIGHT EQUIVALENT SHARES SHARES NAME AWARD SHARES RELEASED SOLD Alistair Cox* 378,713 69,580 448,293 233,580 Paul Venables* 293,878 53,991 347,869 181,255 Tim Cook 42,074 7,729 49,803 49,803 Nick Cox 62,974 11,567 74,541 38,840 James Cullens 90,964 16,710 107,674 107,674 Sholto Douglas-Home 66,725 12,257 78,982 41,153 Nigel Heap 91,422 16,794 108,216 108,216 Steve Weston 106,751 19,611 126,362 126,362 Alison Yapp 79,593 14,621 94,214 49,090 RESULTANT SHAREHOLDINGS