property dividend

Property Dividend

A dividend paid to shareholders in anything other than cash. Common property dividends include shipping the company's product to shareholders and giving out certificates in stocks in other companies held by the company. They are taxed like cash dividends at the fair market value of whatever property is paid out. See also: Payment-in-Kind.

property dividend

A stockholder dividend paid in a form other than cash, scrip, or the firm's own stock. For example, a firm may distribute samples of its own product or shares in another company it owns to its stockholders. In general, a property dividend is taxable at its fair market value.
References in periodicals archive ?
Generally, when a corporation carves out royalty interests in productive natural resources to create a royalty trust, it either distributes the mast units to its shareholders as a property dividend or sells them to (existing and new) investors.
As a result, corporations must recognize gain when they distribute appreciated assets to stockholders, regardless of whether they structure the transaction as a property dividend or as a stock redemption.
A property dividend is a nonreciprocal nonmonetary transfer to owners.
Shares of Jolliville went up by 8.18 percent on Tuesday after the property dividend declaration was announced.
A property dividend would not be taxable to either the corporation or the shareholders if there is adequate AAA available and the property's FMV does not exceed the corporation's basis in the property.
The new corporation's capital stock then is distributed to the shareholders of the old corporation as a property dividend.
The company also announced the recent approval by the Securities and Exchange Commission (SEC) of ACR's declaration of wholly owned subsidiary ACR Mining Corporation (ACRMC) as a property dividend.
The shares of Tapet were distributed by way of property dividend by publicly listed parent company Trans-Asia Oil and Energy Development Corp.
SMC earlier obtained regulatory clearance to distribute to its common shareholders 240.196 million shares in Top Frontier-equivalent to its 49 percent stake-as property dividend at a ratio of one Top Frontier share for every 10 SMC common shares held.
Out of these shares, SMC agreed to distribute to its common shareholders 240.196 million sharesa[euro]"equivalent to its 49 percent stakea[euro]"as property dividend at a ratio of one Top Frontier share for every 10 SMC common shares held.
On the other hand, a big PSEi lagger was SMC (-8.22 percent) due to the ex-date of the property dividend. SMC is distributing as property dividend shares in its controlling shareholder Top Frontier Investment Holdings Inc.
On the other hand, a big PSEi lagger was SMC (-8.22 percent) due to the ex-date of the property dividend. SMC is distributing as property dividends shares in its controlling shareholder Top Frontier Investment Holdings Inc.
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