A dividend is the distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. A
The Dividend Hall of South Sea House, 1810
The South Sea Company was a British joint-stock company founded in January 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in
Dividend
…American English) are classed as dividends. The word dividend comes from the Latin word dividendum ("thing to be divided"). History The Dividend Hall of South Sea House, 1810 The Dutch East India Company (VOC) was the first recorded (public) company to pay regular dividends. The VOC paid annual dividends worth around…
Heraldic grouping above main entrance to the surviving South Sea House, Threadneedle Street, rebuilt after the fire of 1826
1723 pro-forma power of attorney signed by a shareholder of the South Sea Company showing the company's coat of arms and the Latin motto A Gadibus usque Auroram ("From Cádiz to Dawn", Juvenal, Satires, 10)
The South Sea Bubble by Edward Matthew Ward, 1847. A Hogarthian image of the 1720 "South Sea Bubble" now in the Tate Britain