special dividend

(redirected from Bonus Dividends)

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 ?
Scoop6 is linked to six televised races each Saturday and, for a minimum pounds 2 stake, the bet offers win, place and bonus dividends.
Aside from favorable rates, free checks and no minimum balance, other champion benefits include bonus dividends based on minimum balances; CD rate bonuses, free bill pay, online banking, e-statements and free special-image Visa check cards that reflect each profession.
Credit unions often differentiate themselves from banks by offering year-end bonus dividends to members.
On the other hand, Las Vegas-based Clark County Credit Union is not expecting to offer a bonus dividend at the end of this year.
Corporates also agree to refrain from new CUSO business and pay no bonus dividends to members.
According to Melchionda's letter to members, EasCorp has placed a self-imposed moratorium on bonus dividends to members and bonuses to senior executives, new CUSO loans and investments, and new activity related to expanded investment authorities.
2 billion MECU of Baltimore have received bonus dividends and loan interest rebates totaling more than $2 million.
Since the end of the Flat season in November, we have paid out more than pounds 875,000 in win fund payments and over pounds 756,000 in bonus dividends.
Bonus dividends equal to the real GDP growth rate of the preceding year, provided it is above zero, will be also be declared annually.
announced it returned a total of $2 million in bonus dividends and loan interest rebates on Dec.
Founders FCU has paid a total of $30 million in bonus dividends over the past 11 years, and in order to avoid making the reward look like an entitlement, the CU makes a payout every other year or once every few years, President/CEO Bruce Brumfield said.
Comins said: "Analysis of our top ten shops shows that on average they contribute 15 per cent of the pool but reap only six per cent of all win, place and bonus dividends.