LIQUIDATING DIVIDEND
A corporation will pay its shareholders from its capital base during the firm’s partial or full liquidation. Normally, these are not taxable for shareholders. Liquidating dividend is different from regular dividends; the latter gets it from operating profits or retained earnings. This is done when a company declares bankruptcy or it ceases all its business operations. Then, the proceeds are given to the company’s shareholders.
Also known as liquidating distribution.
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| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
