stock dividend


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.
Related to stock dividend: stock split, Cash dividend

Stock dividend

Payment of a corporate dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company, or it may be shares in a subsidiary being spun off to shareholders. Stock dividends are often used to conserve cash needed to operate the business. Unlike a cash dividend, stock dividends are not taxed until sold.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Stock Dividend

A dividend that is paid in stock or bonds rather than cash. A stock dividend may be declared when the company is cash poor and cannot afford a dividend otherwise. They are generally not considered desirable because one must pay capital gains tax on stock dividends, even though there is no cash gain for the shareholder. It is also called a scrip dividend. See also: Payment-in-kind bond.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

stock dividend

A dividend made up of shares of the paying firm's stock. A stock dividend is often used in place of or in addition to a cash dividend if the firm wishes to conserve cash. Unlike a cash dividend, a stock dividend is usually not taxable to the shareholder when it is received, but rather when it is sold. Stockholders who are supposed to receive a fractional share will often receive a check for the amount equal to the market value of the fractional share. Payment of a stock dividend is indicated in stock transaction tables in newspapers by the symbols b and t. See also scrip dividend.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

stock dividend

a DIVIDEND payment whereby a SHAREHOLDER is paid a dividend in the form of additional SHARES or STOCKS in the company rather than in the form of cash. See also STOCK SPLITS.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

stock dividend

a DIVIDEND payment whereby a SHAREHOLDER is paid a dividend in the form of additional SHARES or STOCKS in the company rather than in cash. See also STOCK SPLITS.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

Stock Dividend

Additional shares of stock distributed to shareholders at no cost. The number of shares received are a percentage of the shares owned. The basis of the original shares is generally apportioned equally to the total shares owned after the distribution.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
Manila Bulletin Publishing Corporation, the nation's leading broadsheet, reported that it has fully complied with the listing requirements of the Philippine Stock Exchange -- paving the way for the listing of stock dividends issued two years ago.
Provider of data centre solutions Digital Realty Trust Inc (NYSE:DLR), on Tuesday declared that quarterly common and preferred stock dividends for the second quarter of 2012 have been authorised by its board of directors.
Apart from the opinions, another equally important aspect of enquiry was to know the motives for issuing the last stock dividend by the sample company.
The earnings per incremental share equals the preferred Stock dividends (if deducted from income available to common shareholders in the basic EPS calculation) divided by the number of shares of common stock issued from the assumed conversion.
83-68 no longer represented the IRS's position on member banks receiving stock dividends from an FHLB.
This quarterly cash dividend is an increase of 3.3% over that paid a year ago, as adjusted for the 1% stock dividend declared in June 2018.
The cash dividends paid in 2018 of USD 2.04 represent an increase of 10.4% over the cash dividends paid in 2017 of USD 1.85 as adjusted to reflect the 2017 year-end 5% stock dividend.
This dividend equals $0.356250 per depositary share, each representing 1/40th interest in a share of Series F Preferred Stock, which is traded on the NYSE under the symbol "FRCPrF." The Series F Preferred Stock dividend is payable on September 28, 2018, to shareholders of record as of September 14, 2018.
Meta Financial Group announced that the Board of Directors authorized a forward stock split in the form of a stock dividend of two additional shares of common stock for each of the issued and outstanding shares of Meta common stock.
United States-based PPL Corporation (NYSE: PPL) has announced a quarterly common stock dividend.