dividends in arrears

(redirected from Accumulated Dividends)

Dividends in Arrears

Dividends on preferred stock that are past due. Because preferred stock has guaranteed dividends, a company is legally required to pay the dividends before it makes any dividend payments at all on common stock. Dividends in arrears go to the current owners of preferred stock when they are paid; the person who owned it when the dividends originally should have been paid receives nothing. They are also called accumulated dividends.

dividends in arrears

Dividend payments on cumulative preferred stock that have been passed by a firm's directors. These dividends must be brought up to date before any payments are made to common stockholders. Any payments of dividends in arrears go to the current holders of the preferred stock regardless of who held the stock when the dividend was passed. Also called accumulated dividend.
References in periodicals archive ?
The deal extends MTN's interests in the Iranian telecoms market that has opened up to foreigners following the lifting of international sanctions, which has also allowed MTN to repatriate $1 billion in accumulated dividends from its 49 pe rcent stake in wireless network operator Irancell.
The outline deal announced extends MTN's interests in the Iranian telecoms market that has opened up to foreigners following the lifting of international sanctions, which has also allowed MTN to repatriate $1 billion in accumulated dividends from its 49 percent stake in wireless network operator Irancell.
As part of the transaction, the company also repaid associated accumulated dividends and interest.
According to the company, the holders of its cumulative preferred stock and preference stock (Cumulative) will be entitled to receive only the respective redemption prices (including accrued and accumulated dividends through 15 October 2013, the redemption date), without interest, in respect of their shares.
Telefonica's Venezuelan unit accumulated dividends valued at US$3bn since 2006.
55m and 100% of the accumulated dividends of approximately USD 2.
The unpaid accumulated dividends for 2012 (TNK-BP Limited used to pay AAR and BP quarterly dividends, but payments were suspended during the shareholder conflict) will apparently not be paid to the current shareholders (AAR and BP), but will go to Rosneft after completion of the deal.
The proposal, if realized, will boost the stake owned by the government in Mega to over 30%, up from 20% now, and transfer the accumulated dividends of those shareholders in a special account to national coffers.
Accumulated dividends (including interest thereon) and post-mortem dividends are reported together with the face amount of the policy on Schedule D of the insured's estate tax return.
Every pounds 1,000 invested in the stock market at the start of 1985 has since grown to pounds 8,500, including the accumulated dividends.
The idea called for a policyholder to pay the full premium on his or her policy for a measured number of years and then use the accumulated dividends and future dividends as an offset against future premiums.
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