dividends in arrears

(redirected from Dividend Arrears)

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 2017 dividends comprised Caap's net income then, amounting to P3.22 billion, and the inclusion of P3 billion worth of unpaid dividend arrears.
The 2017 dividend represented CAAP's net income, then amounting to P3.22 billion, and the inclusion of P3 billion worth of unpaid dividend arrears.
CAAP's remittance represents 68 percent of the agency's net income for 2017 amounting to P3.22 billion, including P3 billion worth of unpaid dividend arrears.
It says that on the sale of any surplus assets of the company, and after any dividend arrears are paid out, then 'any balance shall be distributed rateably among the holders of the preference stock and the holders of the ordinary stock'.
Caap's remittance represents 68 percent of it's net income for CY 2017 amounting to P3.22 billion, including P3 billion worth of unpaid dividend arrears.
The remittance represented 68% of CAAP's net income for CY2017 amounting to P3.22 billion, including P3 billion worth of unpaid dividend arrears.
CAAP's recent remittance represents 68 percent of the net income for last year, amounting to P3.22 billion, as well as P3 billion in unpaid dividend arrears.