special dividend

(redirected from Extraordinary 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 ?
Dong Energy (CPH:DENERG), an energy group in Northern Europe, reported on Tuesday that SEAS-NVE Holding A/S has decided to distribute all shares in DONG Energy, owned by SEAS-NVE Holding A/S, as extraordinary dividends to SEAS-NVE A.
In light of these different rules, corporate recipients of extraordinary dividends that are contemplating a distribution out of E&P should review their E&P calculations to ensure that they have sufficient E&P to fund the distribution.
The deal, subject to approvals, will be closed for a price of $490 million net with a probable distribution of extraordinary dividends of $140 million.
Over the last 13 years, CEFCU has returned $63 million in extraordinary dividends to members.
If we assume that twothirds of the proceeds of KCELL's sale are distributed as extraordinary dividends, the common shares' dividend yield could reach about 50% (KZT12,000).
Together with the Eesti Telekom shares from the Development Fund, the state would get just over 4 billion kroons from the sale, extraordinary dividends and income tax on dividends.
Efforts taken to promote a positive work climate can pay extraordinary dividends.
This slight fall is mainly due to reduced financial income, which was increased during 1998 by extraordinary dividends received.
The planned sale of financial assets can in addition lead to extraordinary dividends in 2012-2013.
They're loan interest rebates and extraordinary dividends based on interest paid and interest earned on loans and deposits.

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