Dividend Limitation

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Dividend limitation

A bond convenant that restricts in some way the firm's ability to pay cash dividends.

Dividend Limitation

A provision in some bond indentures placing a maximum amount on what a company can pay out in dividends. A dividend limitation reduces the risk that the issuer will default on a bond because it foolishly decides to pay out too much in dividends to common shareholders. This provision is designed to protect bondholders but has the possibility to scare away potential stockholders.

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No references found			Currently, the most restrictive dividend limitation is from a February 2006 PUCN financing order that restricts the combined dividends from NPC and SPPC to the amount of SRP's debt service. Fitch Upgrades Sierra Pacific Resources and Subsidiaries by Business Wire The most restrictive dividend limitation currently is from a February 2006 PUCN financing order that restricts the combined dividends from NPC and SPPC to the amount of SRP's debt service. Fitch Revises Outlook of Sierra Pacific Resources & Subs to Positive by Business Wire Customary covenants apply to the term loan, including maximum total leverage, interest coverage, capital expenditure limits, stock repurchase and dividend limitations and standard restrictions on investments and mergers and acquisitions. Coinstar Announces Completion of American Coin Acquisition; Company ... by Business Wire			Divida flutuante Divida garantida Divida incobravel Divida privilegiada Divida subjacente Divida subordinada Divided Account divided interest Dividend Dividend Adjustment Dividend Capture Dividend Clawback Dividend Clientele Dividend Coverage Dividend Disbursing Agent Dividend Discount Model Dividend Discount Return Dividend Distribution Dividend Enhanced Convertible Stock Dividend Equivalent Right Dividend Exclusion Dividend growth model Dividend Imputation Dividend in Arrears Dividend Income Dividend Limitation Dividend Order Dividend Payable Dividend Paying Agent Dividend Payment Date Dividend Payout Ratio Dividend per Share Dividend Period Dividend Policy Dividend rate Dividend Record Dividend Reinvestment Plan Dividend Requirement Dividend Right Dividend Rights Dividend Rollover Plan Dividend Tax Credit Dividend Test Dividend Trade Roll/Play Dividend Yield Dividendo Dividendo a cuenta Dividendo acumulativo Dividendo compensatorio Dividendo de acciones preferidas Dividendo de capital			dividend coverage dividend covers Dividend Disbursing Agent Dividend Disbursing Agent Dividend Disbursing Agents Dividend Discount Model Dividend Discount Model Dividend Discount Model Dividend Discount Return Dividend Discount Returns Dividend distribution Dividend distribution tax Dividend Distributions Dividend Enhanced Convertible Stock Dividend Enhanced Convertible Stocks Dividend Equivalent dividend equivalent right Dividend Equivalent Rights Dividend Equivalent Rights dividend exclusion Dividend Exclusions Dividend growth model Dividend growth model Dividend imputation Dividend Imputations Dividend in arrears Dividend income Dividend Incomes Dividend Index of Europe, Far-East Asia, and Australasia Dividend Limitation Dividend Limitations Dividend Order Dividend Orders dividend payable Dividend Paying Agent Dividend Paying Agents dividend payment date Dividend Payment Dates Dividend Payout Dividend payout ratio Dividend payout ratio Dividend Payout Ratios Dividend Payouts Dividend Per Share Dividend Per Share Dividend Period Dividend Periods Dividend Policies Dividend policy Dividend rate Dividend record Dividend Records Dividend Reinvestment Dividend Reinvestment and Stock Purchase Plan Dividend reinvestment plan Dividend reinvestment plan Dividend reinvestment plan Dividend reinvestment plan Dividend reinvestment plan Dividend reinvestment plan

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