Dividend

Durable Power of Attorney For Health Care

A portion of profit, usually based on the number of shares of stock in a corporation and the rate of distribution approved by the board of directors or management, that is paid to shareholders for each share they own. dividends are not always paid in money, but can be paid in shares of stock, known as a stock dividend.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.