Dividend

From Open Risk Manual

Definition

Dividend. A commitment to distribute a portion of earnings to shareholders, prorated by class of security, to be paid in the form of money, shares, scrip, or on rare occasion, property

The amount and timing of payment is set by the Board Of Directors, typically quarterly.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.