regularly scheduled dividend that has been omitted. A dividend is passed if the
board of directors doesn’t vote to declare it.
"passed dividend." YourDictionary, n.d. Web. 15 May 2018. <http://www.yourdictionary.com/passed-dividend>.
passed dividend. (n.d.). Retrieved May 15th, 2018, from http://www.yourdictionary.com/passed-dividend