optional dividend

Optional dividend

A dividends that the shareholder can elect to receive either in cash or in stock.

Optional Dividend

A dividend where the shareholder may choose how to receive it. Generally speaking, the shareholder may choose between receiving the dividend in cash or in stock. See also: PIK.

optional dividend

A dividend in which the shareholder may choose among two or more forms of payment. For example, a firm's directors may give the shareholders a choice between cash or an equal dollar amount of stock.
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Starting with the 2013 dividend (to be paid in 2014), dilution resulting from the optional dividend (cash or shares) will be offset through a share buy-back and cancellation of the same number of shares issued as stock dividend.
The exchange ratio for the optional dividend will be announced after the election period has expired on April 20, 2007.
The rate of the optional dividend will be announced after the option period has expired on April 25, 2006.
Fitch views the trust preferred securities as having significant equity-like flexibility to LGI's capital base due to their long maturity and optional dividend deferral.
Details of the Optional Dividend Program will be distributed once the mechanics have been finalized.
Fitch views the trust preferred securities as having significant equity-like flexibility to NOR's capital base due to their long maturity and optional dividend deferral.
To shop and earn miles for purchases, members can click through the Dividend Miles shopping mall directly to a preferred e-retailer, or choose to activate the optional Dividend Miles Bonus Bar (currently available to Internet Explorer users only).
Fitch IBCA views the trust preferred securities as having significant equity-like flexibility to REI's capital base due to their long maturity and optional dividend deferral.
Fitch views the trust preferred securities as having significant equity-like flexibility to AGLR's capital base due to their long maturity and optional dividend deferral.
Fitch IBCA views the trust preferred securities as having significant equity characteristics due to their long maturity and the optional dividend deferral feature.
At the general meeting of shareholders held on May 4 this year, the shareholders gave their approval for the optional dividend.
Fitch views the TOPrS as having significant equity characteristics due to their perpetual nature, the long call period until which the call option may be exercised and the optional dividend deferral feature.