A quarterly payment to shareholders of various equities, including owners of American Capital Strategies, often exceeding 10-11% annually. These healthy divident payments more than make up for having to explain the meaning of the word so often to newcomers to forums and chatrooms.
When will the divident show up in my account? I bought it today on purpose because I know that it is ex-divident day...
by Malon Wilkus April 13, 2008