optional dividend

Optional dividend

A dividends that the shareholder can elect to receive either in cash or in stock.

Optional Dividend

A dividend where the shareholder may choose how to receive it. Generally speaking, the shareholder may choose between receiving the dividend in cash or in stock. See also: PIK.

optional dividend

A dividend in which the shareholder may choose among two or more forms of payment. For example, a firm's directors may give the shareholders a choice between cash or an equal dollar amount of stock.

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Dividend

References in periodicals archive ?

Maybank's Basel II-compliant hybrid securities are rated four notches below its Viability Rating to reflect the securities' deep subordination status, the presence of going-concern loss-absorption mechanisms and look-back provisions in the optional dividend deferral.

Fitch Affirms Three Malaysian Banks at 'A-'; Outlook Stable

Starting with the 2013 dividend (to be paid in 2014), dilution resulting from the optional dividend (cash or shares) will be offset through a share buy-back and cancellation of the same number of shares issued as stock dividend.

Netherlands : Fugro 2013 Annual Results: Mixed performance

Royal Ten Cate N.V (Euronext:KTC) announced today that with regard to the optional dividend, the number of dividend rights that grant entitlement to one new share has been fixed at 34 dividend rights of an ordinary share with a par value of EUR2.50.

TenCate announces conversion ratio for optional dividend

The study's results suggest that scrip-paying firms may not be following optional dividend policies.

On the motivation for paying scrip dividends

The Group declared a second interim net dividend of 11.00 sen per share to be paid via cash or an optional Dividend Reinvestment Scheme ("DRS").

CIMB Group announces RM3,914 million Profit Before Tax for FY15, after restructuring costs