liquidating dividend


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Liquidating dividend

Payment by a firm to its owners from capital rather than from earnings.

Liquidating Dividend

A dividend paid to shareholders out of a company's capital or assets, rather than its earned income. That is, a liquidating dividend occurs when a company pays more than its total profit in dividends. This usually happens when shareholders believe that the company is no longer sustainable or profitable. Therefore, liquidating dividends are considered a return of shareholders' investments, rather than profit on them. All of the firm's debts must be paid before it can pay liquidating dividends. See also: Final dividend.

liquidating dividend

A pro rata distribution of cash or property to stockholders as part of the dissolution of a business. For example, a firm may be liquidated because the officers believe its stock price does not adequately reflect the value of its assets. All debts and other obligations usually must be satisfied before issuance of a final liquidating dividend. A stock paying a liquidating dividend is indicated in stock transaction tables in newspapers by the symbol C, next to the dividend column. See also final dividend, General Utilities Doctrine.
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The Appellants had only to determine whether or not such a disassociation would occur by the payment of a liquidating dividend by BCo or the sale by the Appellants of their respective shareholdings in BCo.
Only 21% of the target's assets were acquired with the acquiring corporation's stock; the remaining 79% were acquired as a liquidating dividend of the previously held stock in the target.
PK) today announced that the Company paid a liquidating dividend of $0.
03 per share second liquidating dividend to stockholders of record on Aug.
announced today that on December 10, 2003 the Company will make its initial liquidating dividend to stockholders of record on August 26, 2003.
As previously announced, the Company does not expect that stockholders will receive any liquidating dividend or distribution in connection with the liquidation of the Company's business.
AMEX:TFH), a holding company located in Lenexa Kansas, today reported that the company has declared a liquidating dividend.
The drop in net income of $700,000 in 2000 compared with the prior year was caused primarily by a $700,000 decrease in net investment income earned (due to a 1999 liquidating dividend of $714,000 from the company's subsidiary).
OTCBB:CWTV) today announced payment of the third and final liquidating dividend to be made on Sept.
OTCBB:ZSUN) today announced that it will make a partial liquidating dividend of 800,000 restricted shares of Asia4Sale.
OTCBB:CWTV) today announced payment of the second liquidating dividend to be made on March 1, 2000 to stockholders of record on Feb.
OTC BB:CWTV) Wednesday announced payment of the first liquidating dividend to be made on Sept.