special dividend

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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 ?
10 per share paid earlier in June this year, will take the total special dividends for 2017 to USD0.
Both the quarterly and special dividends are payable on December 15, 2015 to shareholders of record as of December 1, 2015.
Including special dividends, this declaration represents the bank's 485th dividend payment, with the bank having paid an equal or greater dividend each year to shareholders since 1916.
Additionally, the company mentioned that it will continue to return cash to stockholders through regular dividends, special dividends and stock buybacks, with the intention of using the USD614m that remains available under its share repurchase authorisation, by the end of 2014.
Reportedly Limited Brands has returned over USD10bn to shareholders through share repurchases, special dividends and regular dividends.

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