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Glossary > P > "Passed dividend" Definition

Passed dividend

The failure of a company to pay a scheduled dividend, usually because of reduced profits. When a company passes a dividend, institutional investors are usually very unforgiving, and the company can expect to see its share price marked down sharply.

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Passed dividend - The failure of a company to pay a scheduled dividend, usually because of reduced profits. When a company passes a dividend, institutional investors are usually very unforgiving, and the company can expect to see its share price marked down sharply.

Passed dividend : the failure of a company to pay a scheduled dividend, usually because of reduced profits. when a company passes a dividend, institutional investors are usually very unforgiving, and the company can expect to see its share price marked down sharply.