Deferred Dividend

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Deferred Dividend

A type of whole life insurance in which the policyholder does not receive any dividends the policy earns until a certain time (called the dividend period) has passed. If a policyholder dies during the dividend period, any dividends he/she would have earned are deposited in a fund that pays the dividends of policyholders who survive the period. As with all insurance, one must pay premiums receive any benefits at all.
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Deferred dividends on the TARP preferred stock totaled USD4.2 million.
First Reliance Bancshares returns to preferred stock, trust preferred securities payment of dividends
FirstMerit will repay Citizensa[euro](tm) USD345m worth of TARP preferred stock, including USD45m of estimated deferred dividends, which is held by the US Treasury.
FirstMerit announces USD912m deal to buy Citizens Republic
Moreover, the primary objective of this anti-life-tontine statute was to prevent life insurance companies from using the deferred dividends to accumulate large surpluses over long periods, tempting insurers to engage in financial manipulation, a concern that would not apply to a health insurance tontine.
Tontines for the young invincibles: an idea from insurance history behavioral economics could be to entice low risks into the health pool
It didn't do much for employees when they found their final salary pension scheme shunted on to the new Pension Protection Fund (which has not said whether it will to pick up the tab) and that the deferred dividends on their shares would not be paid.
Exports mean that LDV has turned a corner
Payments on the deferred dividends on the TARP preferred stock totalled USD4.2m and were made in May 2015.
First Reliance Bancshares declares preferred stock and trust preferred securities dividends
Global Banking News-March 17, 2014--First Banks declares deferred interest and deferred dividends
First Banks declares deferred interest and deferred dividends
On March 31, 2014, First Preferred Capital Trust IV will pay all accumulated deferred dividends, plus accrued dividends thereon, on its 8.15% Cumulative Trust Preferred Securities pursuant to the Amended and Resaid Trust Agreement, dated April 1, 2003.
First Banks pays deferred interest on subordinated debentures
Sun Europe managing director Philip Dougal defended the decision to put the old LDV into temporary administration resulting in unsecured creditors not being paid, the firm's closed final salary scheme being put in the hands of the Pension Protection Fund and employee shareholders losing deferred dividends.
LDV recovers from collapse
The preferred shares accrue value through deferred dividends at an annual rate of 12% for two years, upon which, it may be converted into 7.8% of the outstanding common shares of ICPUSA, or may be redeemed at the option of Cartesian.
IC Potash signs USD10m strategic investment with Cartesian Capital Group
First Preferred Capital will pay all accumulated deferred dividends and accrued dividends thereon of USD21,482,973.76, or USD11.68 per share on its 8.15% cumulative trust preferred securities as per the Amended and Restated Trust Agreement of 1 April 2003.
First Banks declares accumulated deferred interest and dividends on subordinated debentures and trust preferred securities
Specifically, the company has requested regulatory approval to pay the current dividend due on February 15, 2013, deferred dividends which were due February 15, 2011 and May 15, 2011, and all accrued interest through February 15, 2013 on all of the deferred dividends.
Coastal Banking terminates participation in TARP auction
Deferred dividends on the series B preferred securities and on the debentures amounted to USD7.4m (EUR5.8m) at the end of March 2012.
-Southwest Bancorp to resume dividend payments on preferred securities

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