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Definitions from the Web

Term: Dividend in Specie

Definition:

A dividend in specie refers to a distribution of company profits to its shareholders in the form of assets or property (other than cash).

Examples:

Noun: Shareholders of ABC Corporation received a dividend in specie in the form of shares of XYZ Company.

Noun: The real estate company declared a dividend in specie by distributing properties to its shareholders.

Noun: The bank paid dividends in specie by providing gold bullion to its investors.

Noun: The technology company rewarded its employees with a dividend in specie, offering them company-owned gadgets.

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