cash dividend

A distribution to the stockholders of a corporation, its the reward of the corporate enterprise, of the profits or surplus assets of the corporation, usually, but not necessarily in cash; it may be in other property, in which event, the terminology is appropriate nevertheless to indicate it distinction from a stock dividend. 19 Am J2d Corp § 801). See dividends; stock dividend.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

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