special dividend

(redirected from Bonus Dividend)

Special dividend

Also referred to as an extra dividend. Dividend that is unlikely to be repeated.

Special Dividend

A non-recurring dividend that a company may choose to distribute to shareholders after a particularly profitable period. A company may also choose to distribute special dividends if it wishes to restructure its financing from equity-based to debt-based. In general, however, one may think of a special dividend as a "bonus" for shareholders in good times. It is also called an extra dividend or a bonus dividend.

special dividend

References in periodicals archive ?
Shareholders of the banking service group, I and M Holdings Plc will for the first time will earn a bonus dividend since the bank was formed in 1974.
BANKING AND CREDIT NEWS-February 6, 2019-Clark County Credit Union declares 5th annual annual bonus dividend
M2 EQUITYBITES-February 6, 2019-Clark County Credit Union declares 5th annual annual bonus dividend
Global Banking News-February 6, 2019-Clark County Credit Union declares 5th annual annual bonus dividend
The bonus dividend is in response to the enhanced semiannual performance of the company in 2018.
* DATCU, Denton, Texas ($936.3 million in assets, 93,669 members), which paid a bonus dividend of $1.9 million Jan.
"Damac was one of the catalysts for today's strong run when people saw the jump in net profit and saw the generous cash and bonus dividend it brought back a lot of risk money on the table," said Sanyalaksna Manibhandu, Manager of Research, National Bank of Abu Dhabi Securities, adding "we had the surprise special dividend from du, which was also taken well by the market".
"Board of Directors of Ahli Bank QSC has proposed a cash dividend of 15 per cent (QR 1.5 per share) and a bonus dividend of 10 per cent (1 new share for every 10 shares held) as the dividend distribution for the year 2014.
The increase in the payout was "significant" but the decision to pay a separate bonus dividend was disappointing, DZ Bank analyst Thorsten Wenzel said in a note to clients.
AS THE top point scorer at the Cheltenham Festival in the Tote Ten to Follow, Andrew Lovell, from Poole, won the pounds 25,000 bonus dividend. His selections amassed 319 points, taking him seven points clear of his nearest rivals.
Travel Business Review-January 25, 2011--American Airlines Federal Credit Union Announces Bonus Dividend Distribution(C)2011] ENPublishing - http://www.enpublishing.co.uk
US airline US Airways and credit card provider MasterCard Worldwide, have announced that they are enabling travellers to save money and earn bonus Dividend miles when travelling to Europe, Mexico and the Caribbean.