extra dividend investment & finance definition
A
dividend that is paid to shareholders in addition to regularly scheduled
dividends. Extra dividends are paid to reward shareholders for a company’s strong
performance. Typically they are awarded after the end of the company’s fiscal
year.
See extra dividend in Wall Street Words
A nonrecurring additional payment to stockholders that is brought about by special circumstances. An extra dividend may be issued when a firm in a cyclical industry has an especially profitable period and wishes to distribute some extra funds to its stockholders. Also called extra, special dividend.
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