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Simple English definitions for legal terms

nonrecurring dividend

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A quick definition of nonrecurring dividend:

A nonrecurring dividend is a special payment made by a company to its shareholders, usually in addition to the regular dividend. It is given when the company has made exceptional profits during the dividend period. This type of dividend is not expected to happen regularly and is also known as an extraordinary dividend or special dividend. Shareholders can receive the payment in cash or additional shares.

A more thorough explanation:

A nonrecurring dividend is a type of dividend that is paid to shareholders in addition to the regular dividend, usually due to exceptional corporate profits during the dividend period. It is also known as an extraordinary dividend or special dividend.

For example, if a company has a particularly profitable year, it may decide to pay a nonrecurring dividend to its shareholders on top of the regular dividend. This is a one-time payment and is not expected to be repeated in the future.

Another example of a nonrecurring dividend is when a company sells off a major asset, such as a subsidiary, and uses the proceeds to pay a special dividend to its shareholders.

Overall, nonrecurring dividends are a way for companies to reward their shareholders for exceptional performance or windfalls, but they are not a regular part of the company's dividend policy.

nonrecourse note | nonrefoulement

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HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
14:33
@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
14:35
@EvolBunny: I will take the odds of 4, very promising
14:38
I'm too drunk to taste this chicken
Dkk
14:38
Lol, I suck I guess. @babycat
14:40
suck what? (:
Dkk
14:42
suck at predicting
14:43
boooooo
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