Dividend rights

Dividend rights

A shareholder's rights to receive per-share dividends identical to those other shareholders receive.

Dividend Right

The right of a shareholder to receive the same dividend that other shareholders of the same class receive. That is, if one holds common stock with no special features and the company declares that each shareholder is entitled to a 9 cents per share dividend, the company cannot arbitrarily decide to pay one shareholder any more or less than 9 cents per share.
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Each preferred share fraction is designed to be equivalent in voting and dividend rights to one share of common stock.
Each share of Class C Preferred Stock is convertible to five shares of Calcol common stock, has the same voting rights and dividend rights as five shares of Calcol common stock, and has a cumulative dividend of 8% in cash or in common stock.
Each preferred share fraction is designed to be equal in voting and dividend rights to one common share.
Lasky to maintain certain voting and dividend rights and to participate in future stock price appreciation up to 130 percent during the term of the contract.
The preferred share has substantially the same terms as the Company's outstanding series two preferred share, including as to dividend rights, voting rights and the right to elect one member of the Board of Directors.
The VPF arrangements allow these executives to maintain certain voting and dividend rights and to participate in future stock price appreciation up to 130 percent during the term of the contracts.
He concluded "Additionally, the proposal provides for the elimination of the contractual control of the board and dividend rights currently held by the Series B preferred stockholders and provides for a 50 per cent reduction in the management fees payable by Williams to the Series B shareholders.
Hassenfeld with liquidity currently while allowing him to maintain certain voting and dividend rights, as well as the ability to participate in future stock price appreciation, during the term of the contract.
The last date to acquire CPOs or ADSs with dividend rights is on May 7, 2007.
The new shares issued as a result of the bond conversions will carry dividend rights as of January 1, 2006 and will therefore entitle the holder to the entire dividend due for the 2006 financial year.
The March 6, 2007 press release was intended to clarify to Infinite shareholders who owned free trading shares must retain ownership through the close of market as of Friday, March 23, 2007 to retain dividend rights.
The preferred stock has no cumulative dividend rights (no coupon).