extraordinary dividend
- A special distribution provided to shareholders that surpasses the usual payout, typically due to unexpected profits or a sudden rise in revenue
- The company's announcement of an extraordinary dividend comes after its substantial increase in quarterly earnings.
- The shareholders were pleasantly surprised when they received an extraordinary dividend because of the unexpected rise in the company's profits.
- Investors can sometimes benefit from an extraordinary dividend when a company experiences a noteworthy increase in revenue.
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