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 ?
This special dividend is due on 26 May 2017 to stockholders of record at the close of business as of 17 May 2017.
Cohen commented, "The decision to pay a special dividend reflects our history of generating cash from operations, our strong balance sheet, and our confidence in our long-term growth prospects.
Through the special dividend, regular quarterly dividends and share repurchases the investment bank will have paid out some USD45m to shareholders this year, the company's CEO, John Duffy, said.
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.
This special dividend will be paid on or about 23 January 2015 to stockholders of record as of the close of business on 15 January 2015.
This special dividend is payable on 10 December 2014 to stockholders of record as of 31 October 2014 in cash and common shares.
M2 EQUITYBITES-May 2, 2014-Starwood Hotels & Resorts Worldwide declares quarterly and special dividend

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