income dividend

(redirected from Income Dividends)

Income dividend

Any payout to mutual fund shareholders resulting from interest, dividends, or other income.

Income Dividend

In mutual funds, a dividend distributed to shareholders that comes from the dividends or interest on the stocks or bonds represented in the mutual fund. It does not include income from the capital appreciation of the mutual funds. Income dividends are taxed as ordinary income at each shareholder's marginal tax bracket; they are not taxed as capital gains. See also: Capital gains distribution.

income dividend

A distribution of dividends, interest, and short-term capital gains by an investment company to its shareholders. This type of dividend is taxed at the recipient's marginal rate. See also capital gains distribution.
References in periodicals archive ?
meeting to consider the capital and income dividends for the above
1 percent, assuming reinvestment of ordinary income dividends and
have announced the following income dividends and capital gain distributions.
This compares with income dividends in the aggregate amount of $0.
It is the Fund's intention going forward to declare monthly common share income dividends on the first Friday of each month with a payment date of the first Friday of the following month.
It is the Fund's intention going forward to declare monthly common share income dividends on or about the 20th of each month with a payment date on or about the 15th of the following month.
It is the Fund's intention going forward to declare monthly common share income dividends on the first business day of each month with a payment date of the first business day of the following month.
To determine your share of the Company's alternative minimum tax adjustments, multiply the aggregate dollar amount of your reportable 2002 ordinary income dividends from the Company (the sum of the amounts shown in Box 1 of the Company's 1099-DIV) times 2.
Stockholders desiring to reinvest their income dividends or capital gain distributions in shares of the Fund may do so through the Fund's Dividend Reinvestment Plan, by calling The Bank of New York, the Plan Agent, at 1-800-432-8224.
On September 16, 2003, the Board of Trustees of Nicholas-Applegate Convertible & Income Fund II (the "Fund") (NYSE:NCZ) announced that it declared the Fund's initial common share income dividend of $0.
The Board of Trustees of PIMCO High Income Fund (the "Fund") (NYSE: PHK) announced today that it has declared the Fund's initial common share income dividend of $0.
The Board of Trustees of Nicholas-Applegate Convertible & Income Fund (the "Fund") (NYSE: NCV) announced today that it has declared the Fund's initial common share income dividend of $0.