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passed dividend

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Financial Dictionary

passed dividend

A regular dividend that is omitted by a firm's board of directors. Passed dividends on most issues of preferred stock, but not on common stock, eventually must be made up. Also called omitted dividend, unpaid dividend. See also dividends in arrears.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Dividend Ranking
Look and find the highest dividend yields of the market.
www.dividendsranking.com
DividendInvestor.com
Dividend Stock Data & Analysis to locate the Top Dividend Stocks Now!
DividendInvestor.com
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Divisor
Compra televisores, GPS y cámaras en Sears® en Español y ahorra
www.Sears.com/Espanol
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