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 ?
Tangible book value per common share plus accumulated dividends increased $8.52, or 8.2%, to $132.57 in the second quarter of 2019, compared to a 4.9% increase in the second quarter of 2018.
With Pag-IBIG Fund's MPL program, qualified members can borrow up to 80 percent of their total Pag-IBIG Regular Savings, which consists of their monthly contributions, their employer's contributions, and accumulated dividends earned.
You may even use the accumulated dividends or fund values for further debt reduction.
The Sarawak government has received almost RM20 billion in accumulated dividends from its investment in three Malaysia Liquefied Natural Gas (MLNG) plants in Bintulu, Chief Minister Datuk Patinggi Abang Johari Openg said today.
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.
The redemption is for an aggregate liquidation amount of USD3.9bn including accumulated dividends.
Including accrued and accumulated dividends to the redemption date, the cost of the redemption was approximately USD82.6m, concluded the company.
Telefonica's Venezuelan unit accumulated dividends valued at US$3bn since 2006.
The preferred stock Exchanges were completed at 50% of the aggregate liquidation preferences of the preferred stock, totaling USD 17.55m and 100% of the accumulated dividends of approximately USD 2.65m.
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