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
However, there may be future negative rating actions if there is a decline in AMEX Assurance s premium writings caused by a global economic downturn or terrorist event, which results in a sustained reversal in operating profitability and/or an increased dividend requirement
from American Express that results in a material decline in its capitalization.
The new rule requires attorneys and law firms to maintain their IOTA account only at eligible banks, savings and loan associations or investment companies which comply with the interest or dividend requirement
of the new rule.
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.
Additionally, the lack of outright control and shareholders limited dividend requirements
have alleviated the pressure on ASNIC.
The firm said that it earnings before deducting provisions for loan and real estate losses, real estate expenses, income taxes and preferred dividend requirements
have increased to USD6.
The revision stems from the company's sustained annual capital growth thanks to its consistently profitable operating results and the absence of dividend requirements
by the parent, Southwest Business Corp (SWBC), the service specified.
Alternatively, if dividends are increasing constantly, the total dividends declared in the current year should be employed as a more up-to-date measure of prospective cash dividend requirements