passed dividend

Omitted Dividend

A dividend that a company would have ordinarily declared and paid but decided against doing so. For example, if a company ordinarily pays a dividend each March but decides not to do so in March 2010, that dividend is said to be omitted. A company usually omits a dividend when it is experiencing financial difficulties and wishes to keep the cash that would have gone to pay the dividend to maintain its operations. An omitted dividend is also called a passed dividend.

passed dividend

A regular dividend that is omitted by a firm's board of directors. Passed dividends on most issues of preferred stock, but not on common stock, eventually must be made up. Also called omitted dividend, unpaid dividend. See also dividends in arrears.

单词	passed dividend
释义	passed dividend Omitted Dividend A dividend that a company would have ordinarily declared and paid but decided against doing so. For example, if a company ordinarily pays a dividend each March but decides not to do so in March 2010, that dividend is said to be omitted. A company usually omits a dividend when it is experiencing financial difficulties and wishes to keep the cash that would have gone to pay the dividend to maintain its operations. An omitted dividend is also called a passed dividend. passed dividend A regular dividend that is omitted by a firm's board of directors. Passed dividends on most issues of preferred stock, but not on common stock, eventually must be made up. Also called omitted dividend, unpaid dividend. See also dividends in arrears.
随便看	equal beating victorian temperament equal breath sounds bilaterally equal business opportunity program equal channel angular extrusion equal channel angular pressing equal channel failure probabilities equal cleavage equal competitive opportunity equal cost load balancing equal cost multi path equal cost multi-path equal-cost-route descriptor equal credit opportunity act equal credit opportunity act of 1974 equal credit report act equal daily quantity equal decrement of life equal dignities rule equal dignity rule equal distances equal charges model equal distribution equal division of the octave equal dollar swap equal dollar swaps equaled