Since we deducted losses along the way there will be a special capital gain
dividend requirement which will be offset by a portion of the Toys 'R' Us loss.
The SSS was also looking to adopt a
dividend requirement for foreign equity that would match the dividend payment scheme of domestic equities, Dooc added.
The company is therefore proposing that it changes its monthly contributions from PS30,000 to PS10,000, and that both the 65% of profit requirement and the 30p
dividend requirement be removed.
Preferred shares generally have a
dividend requirement that makes them appear similar to debt.
Curran said the Foundation also will soon select a financial services company to conduct product pricing surveys to assist the Foundation in determining initial and ongoing compliance with the interest and
dividend requirement of the new rule.
Net income reached $15.9 million from $12.6 million, before a small charge for a
dividend requirement in the 1997 quarter.
(12) The Tax Court distinguished the preferential
dividend requirement in Erie Lighting on the grounds that the ELC board was not required to pay a dividend; rather, the ELC board was required to pay dividends first to the preferred stock if and when the ELC board determined to pay dividends at all.
Are attorneys and law firms responsible for monitoring their institution's compliance with the interest or
dividend requirement of the rule?
A profitable overall earnings trend offset by relatively modest
dividend requirements have supported surplus growth and a sustained solid level of risk-adjusted capitalization.
Favorably, the majority of the debt is housed at the lead operating company thereby the entire asset position is available to service the debt and is not constrained by statutory
dividend requirements.
