Definition: Dividend share

Category: ESA 1995

Dividend shares are securities: 

(1) which, according to country and the circumstances in which they are created, have a variety of names such as founders’ shares, profits shares, dividend shares, etc. and which are not part of the registered capital; 

(2) which do not give the holders the status of joint owners strictly speaking (the right to a share in the repayment of the registered capital, the right to a return on this capital, the right to vote at shareholders’ meetings, etc.); 

(3) which entitle the holders to a proportion of any profits remaining after dividends have been paid on the registered capital and to a fraction of any surplus remaining on liquidation. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view