Dividends payable

Dividends payable

The declared dividend dollar amount that a company is obligated to pay.

Dividends Payable

The amount that a publicly-traded company is legally obligated to pay for a given period. Some dividends payable, notably for preferred stock, are guaranteed and must always be paid, while others are not and may change from time to time depending upon the company's earnings or cash flow.
Mentioned in ?
References in periodicals archive ?
Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.
5 million plus an amount equal to the dividends payable on Forest City stock.
3% of the outstanding common stock of the Company as of December 21, 2006, have committed to Xerium that, upon the establishment of the dividend reinvestment plan, they will participate in the plan through December 31, 2007 at a level such that at a minimum 50% of each cash dividend payable on the Company's common stock, including shares not held by the Apax entities, is reinvested in the common stock of the Company through the dividend reinvestment plan, provided that the Apax entities are not required to reinvest more than 100% of the cash dividends payable to them with respect to such dividend declaration.
Also, the Board of Directors of Boston Edison Company, a wholly owned subsidiary of NSTAR, declared the following preferred stock dividends payable February 1, 2007 to holders of record as of January 10, 2007:
5 million plus an amount equal to the dividends payable on the same number of shares of Forest City stock.
This payment is based upon the net present value of the dividends that the Company would have been obligated to pay the Apax affiliates through the earliest date on which it is estimated that the Company would have the right to convert the Series B Convertible Preferred Stock, net of the present value of the dividends payable on the shares of common stock into which the Series B Convertible Preferred Stock is convertible over the same period.
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
On September 24, 2002, the Trustees of The Massachusetts Health & Education Tax-Exempt Trust (the "Trust") (AMEX: MHE) declared common share monthly income dividends payable on October 31, 2002 and November 29, 2002.
Pursuant to the amended plan, holders of Walden's preferred stock can elect to have dividends payable on such preferred stock reinvested in shares of Walden's common stock.
The company also reported that its board had declared an increase in the rate of regular quarterly dividends payable on shares of its common stock.