Dividend rate

Dividend rate

The fixed or floating rate paid on preferred stock based on par value.
References in periodicals archive ?
The board of directors of New Jersey Resources (NYSE:NJR), an energy company, on Tuesday declared a quarterly dividend rate of USD0.
Wells REIT II) announces that its Board of Directors raised the Company's dividend rate from an amount equal to a 2.
According to the Service, the dividend was not deductible because the dividend rate was not "reasonable"--i.
5) Once the market's initial appetite for ARPs was stated, (6) ARPs were replaced by "Convertible Adjustable Preferred" Stock (CAP), (7) whose dividend rate was set at a level where it would trade as close to par as possible.