Outstanding Dividends

Outstanding Dividends

Dividend checks which have been mailed to shareholders of record but not yet cashed. Funds are held until the check is paid, reissued or escheated to the state as abandoned property.

Outstanding Dividends

Dividends that have been sent by check to shareholders but have not yet been deposited into shareholders' accounts. Companies treat outstanding dividends as if they have already been paid; however, the funds remain with the company until either the checks clear or the funds revert to the state as abandoned property. See also: Declared dividend, Ex-dividend, Check hold.
References in periodicals archive ?
The agreements provide for mechanism to liquidate ONGC Videshs outstanding dividends from the Project while at the same time, ONGC Videsh needs to obtain long term financing for the capital investments for implementing the Remediation Plan of the Project.
Overall, foreign companies have an estimated $16 billion in outstanding dividends listed on their balance sheets that they have not been able to return to headquarters, according to Caracas-based research firm Ecoanalitica.
6 million for the 7,000 shares, resulting in a discount of approximately 7% on the face value of the preferred shares, plus related outstanding dividends.
Should Harvey Nash fail to exercise the option, the vendors have an option to buy back the stake sold to the UK company for the price paid for it, plus outstanding dividends.
We did, so we asked them to tell us precisely which planned or instituted initiatives they believe will pay outstanding dividends in 2003.
The convenience food category has shown a slow, steady advance in sales, she notes, while the chain's one-hour photo labs have paid outstanding dividends.
The repurchase, which included accrued and outstanding dividends, was funded by excess cash on hand.
We believe this financing strengthens the company's financial position by enabling the repayment of overdue debt and significantly reducing the level of outstanding dividends payable, said CEO Jeffrey Davis.
These revisions require liability classification for preference shares that could be settled by issuing a variable number of Dominion's common shares in exchange for the preference shares and any outstanding dividends thereon.
On Friday, the Board elected to pay all outstanding dividends in arrears, as well as a regular quarterly dividend.
The exchange constitutes full satisfaction of any amount due the shareholder, including any outstanding dividends.
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