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Isohyets Connect Points of Equal Amounts of Precipitation

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Isohyets connect points of equal amounts of precipitation.

Comprehend the processes involved in selecting directors during incorporation.
Recognize the financial thresholds for shareholder proposals in accordance with the Securities and Exchange Commission.
Learn the factors that determine the number of corporate directors.
Understand the voting requirements for ordinary versus significant corporate decisions.

Definitions:

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, as a share of the company's current earnings.

Declaration Date

The specific date on which a company's board of directors announces the issuance of a dividend.

Date Of Record

The cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution.

Preferred Shares

A class of ownership in a corporation that has a higher claim on the company's assets and earnings than common shares, usually with fixed dividends.

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