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Special Dividend
(redirected from Extraordinary Dividends)

   Also found in: Wikipedia 0.01 sec.
Special dividend
Also referred to as an extra dividend. Dividend that is unlikely to be repeated.

Special Dividend
A non-recurring dividend that a company may choose to distribute to shareholders after a particularly profitable period. A company may also choose to distribute special dividends if it wishes to restructure its financing from equity-based to debt-based. In general, however, one may think of a special dividend as a "bonus" for shareholders in good times. It is also called an extra dividend or a bonus dividend.

special dividend


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Extraordinary dividends and stock redemptions are the portion of the combined total of dividends declared and stock redemptions paid during the plan year that exceeds the greater of either the employer's adjusted net income (without regard to interest, taxes, depreciation, and amortization expenses) in the preceding plan year or dividends declared in the plan year (if the employer has declared dividends in the same manner for the immediately preceding five consecutive years).
Together with the Eesti Telekom shares from the Development Fund, the state would get just over 4 billion kroons from the sale, extraordinary dividends and income tax on dividends.
Mar 31, 2008 Amsterdam Airport Schiphol Amsterdam Airport Schiphol plans to pay extraordinary dividends of up to EUR1 billion euros (USD$1.
 
 
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