The share of a company's profits distributed to a shareholder. Generally, the policy and rate for common share dividends are set by the board of directors. Preferred share dividend rates usually are established in the terms of the issue and can only be suspended under unusual circumstances. The date on which a dividend is paid, which means the shareholder of record on that date receives the payment. The annual dividend payment expressed as a percentage of the stock price.
Most lenders require the down payment to be paid from the buyer's own funds.
Gifts from related parties are sometimes acceptable, and must be disclosed to the lender. Retail sales of durable goods to consumers are another leading indicator. Because such purchases can be put off during bad times, any increase reflects a changing trend in consumer spending. CanWest Global Communications Corp. All rights reserved. Optimized for browser versions 4.0 and higher.