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scrip dividend

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Scrip-Hessco Products
Chiropractic, Rehabilitation, Massage Therapy, Clinical Supplies
www.ScripHessco.com

scrip dividend

 
Use scrip dividend in a Sentence
–noun
a dividend issued in the form of a note entitling the holder to a cash payment at a specified later date.
Origin:
1880–85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Scrip-Hessco Products
Chiropractic, Rehabilitation, Massage Therapy, Clinical Supplies
www.ScripHessco.com
Financial Dictionary

scrip dividend

An unusual type of dividend involving the distribution of promissory notes that call for some type of payment at a future date. Scrip dividends generally signal that a firm is short of cash. Compare liability dividend.

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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