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Cash Dividends
Payments made by a company to its shareholders, usually in the form of cash, out of its profits or reserves.
Stated Rate
The annual interest rate declared on a financial instrument, such as a bond, without accounting for compounding within a year.
Nonparticipating
A term often used in insurance to describe a policy that does not grant the holder the rights to share in the insurer's surplus or dividends.
Paid-In Capital
the amount of money that a company receives from issuing stock to investors, reflecting the capital invested by shareholders.
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