income dividend

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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 ?
Macquarie Management Holdings Inc announced on Wednesday that Macquarie Investment Management's municipal income funds: Delaware Investments Colorado Municipal Income Fund Inc (NYSE American:VCF); Delaware Investments National Municipal Income Fund (NYSE American:VFL); and Delaware Investments Minnesota Municipal Income Fund II Inc (NYSE American:VMM), declared monthly income dividends for July 2019.
The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. As portfolio and market conditions may change, the distribution rate and the Fund's policy to declare distributions monthly could be changed by the board of directors.
Commencing with this initial distribution, the Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. As portfolio and market conditions may change, the distribution rate and the Fund's policy to declare distributions monthly could be changed by the Board of Directors.
(1) Ordinary income dividends. Ordinary income dividends are derived from the mutual fund' s net investment income (i.e., interest and dividends on its holdings) and short-term capital gains.
REITs, like RICs, may deduct from their taxable income dividends distributed to shareholders, thus avoiding a Federal income tax at the entity level.
Municipal income funds, Delaware Investments Colorado Municipal Income Fund Inc (NYSE American:VCF); Delaware Investments National Municipal Income Fund (NYSE American:VFL); and Delaware Investments Minnesota Municipal Income Fund II Inc (NYSE American:VMM) (together, the funds) disclosed on Wednesday their monthly income dividends of USD0.05000, USD0.05000 and USD0.03750 per share, respectively for May 2019.
(1) Ordinary income dividends. Ordinary income dividends are derived from the mutual fund's net investment income (i.e., interest and dividends on its holdings) and short-term capital gains.
Arkansas legislation enacted in 1997, effective for tax years beginning after 1996, excludes from corporate income dividends received from a subsidiary owned at least 80% by the parent.
shareholders) could pay foreign income dividends (dividends sourced from foreign income) without incurring any ACT liability.
Three municipal income funds, Delaware Investments Colorado Municipal Income Fund Inc (NYSE American:VCF), Delaware Investments National Municipal Income Fund (NYSE American:VFL) and Delaware Investments Minnesota Municipal Income Fund II Inc (NYSE American:VMM), (together, the funds) on Wednesday announced monthly income dividends for March 2019.
Delaware Investments Colorado Municipal Income Fund (VCF), Delaware Investments National Municipal Income Fund (VFL), and Delaware Investments Minnesota Municipal Income Fund II VMM), all closed-end management investment companies, have declared monthly income dividends of USD0.06, USD0.055, and USD0.0475 per share, respectively, the company said.
The Fairholme Fund (NASDAQ:FAIRX), the Fairholme Focused Income Fund (NASDAQ:FOCIX) and the Fairholme Allocation Fund (NASDAQ:FAAFX) on Saturday declared ordinary income dividends of USD0.33731, USD0.05324 and USD0.07387 per share, respectively, for December 2018.