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LSDefine

Simple English definitions for legal terms

nonrecurring dividend

Read a random definition: consanguineus frater

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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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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