Cash Dividend
A cash dividend is the distribution of profits to the common stock shareholders, the owners of the corporation. Such distributions are in equal amounts to the shareholders depending on the portion of the company they own.
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Famous quotes containing the word cash:
“If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that—but that isn’t simple.”
—Louis B. Lundborg (1906–1981)