property dividend

property dividend definition - business

property dividend

A stockholder dividend paid in a form other than cash, scrip, or the firm's own stock. For example, a firm may distribute samples of its own product or shares in another company it owns to its stockholders. In general, a property dividend is taxable at its fair market value.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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