CAAP's remittance represents 68 percent of the agency's net income for 2017 amounting to P3.22 billion, including P3 billion worth of
unpaid dividend arrears.
If he dies before the cash is distributed, although his estate would include the additional capital account represented by the
unpaid dividend, the amount would be a frozen share of the LLC as if the cash had been distributed and an additional preferred interest purchased.
CAAP's recent remittance represents 68 percent of the net income for last year, amounting to P3.22 billion, as well as P3 billion in
unpaid dividend arrears.
The Class B shares will be redeemed as at March 31, 2009 at a redemption price of CAD1.00 per Class B share plus any declared and
unpaid dividend.
As the redemption date is also a dividend payment date for this series of preferred stock, the redemption price does not include declared and
unpaid dividends. Regular quarterly dividends of USD15.6223 per share of series K stock will be paid separately on 16 September 2019, to shareholders of record at the close of business on 31 August 2019.
The amount was approved by the Company's board of directors on March 27, 2019, plus any
unpaid dividends accrued through the expiration date of the Tender Offer.
Any accrued and
unpaid dividends in the CBA MRPS as of the date of the merger will be assumed by EMO and be payable on the same dividend payment schedule.
After June 15, 2023, MetLife may redeem the preferred shares at their redemption value plus accrued and
unpaid dividends.