property dividend

Property Dividend

A dividend paid to shareholders in anything other than cash. Common property dividends include shipping the company's product to shareholders and giving out certificates in stocks in other companies held by the company. They are taxed like cash dividends at the fair market value of whatever property is paid out. See also: Payment-in-Kind.

property dividend

A stockholder dividend paid in a form other than cash, scrip, or the firm's own stock. For example, a firm may distribute samples of its own product or shares in another company it owns to its stockholders. In general, a property dividend is taxable at its fair market value.
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Thereafter, the board of directors of ICRI declared a property dividend with respect to all of the stock of the Subsidiary, distributable to shareholders of record on January 19, 2007.
Generally, when a corporation carves out royalty interests in productive natural resources to create a royalty trust, it either distributes the mast units to its shareholders as a property dividend or sells them to (existing and new) investors.
As a result, corporations must recognize gain when they distribute appreciated assets to stockholders, regardless of whether they structure the transaction as a property dividend or as a stock redemption.
A property dividend is a nonreciprocal nonmonetary transfer to owners.
OTC Pink Sheets: AVCP), announced today its intention to issue a property dividend of 501,000 shares of its common stock of Global IT Holdings, Inc.
A property dividend would not be taxable to either the corporation or the shareholders if there is adequate AAA available and the property's FMV does not exceed the corporation's basis in the property.
The new corporation's capital stock then is distributed to the shareholders of the old corporation as a property dividend.
Pegasus Wireless Corporation (Nasdaq:PGWC), a leading provider of advanced wireless solutions, issued today an update to brokerage firms as well as shareholders who are eligible to receive the property dividend that was announced on August 4, 2006.
BULLETIN BOARD: MOBL) said today the record date for the earlier announced property dividend of 3,073,113 shares of common stock of Solution Technology International, Inc.
Pegasus Wireless Corporation (Nasdaq:PGWC), a leading provider of advanced wireless solutions, issued today a notice to shareholders who are eligible to receive the previously announced property dividend.
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