Most Viewed Bonuses
Automatic Re-investment Of Dividends
American Railways
Colonial Government Securities
British Government Funds
Banks
Foreign Government Stocks
Dividends
Canals And Docks
Borrowers
Least Viewed
Investments
Indian Railway Stocks
Table Of Interest On Investments Sample
London Banks And Banking
Loans To Corporations And Counties Of The United Kingdom
Terminable Annuities
Railways
Mortgages
Insurance Companies
The Stock Exchange
|
Dividends
A dividend is the sum apportioned periodi-
cally, in the shape of profit or interest, to holders
of stocks and shares. It may be a fixed sum
according to the rate of interest, as in the case
of the Funds, Colonial Stocks, &c., or a varying
sum according to the profits made, as in the case
of railway shares and those of other companies.
The dividends on the Funds and some Colonial
Stocks are paid quarterly, at the beginning of
January, April, July, and October. A month
prior to the date of payment the stocks are
marked "ex-div.," meaning that any purchase
effected after the 1st December, 1st March, 1st
June, and 1st September, would not carry that
quarter's dividend, as it is held in favour of the
person whose name is registered on the books
on those dates.
The interest dependent upon the shares or
stocks of companies is usually paid half-yearly,
after the periodical meeting, when the accounts
are presented and the profits declared. A cer-
tain date is fixed when these shares and stocks
are saleable "ex-div." or "ex-interest."
Viewed 576
|
Free Jokes.ca - Your number one source for joke topics, riddles, anecdotes or jokes Visit Free Jokes.ca
Informational