Glossary
- DAX
- DAX future
- Day-Trading
- Dealer
- Delta (warrant)
- Derivatives
- Derivatives exchange
- Derivatives market
- Designated Sponsor
- Dilution of ownership
- Direct bank
- Direct listing
- Direct offering
- Directors' Dealings
- Discount broker
- Discount certificates
- Discount rate
- Distribution
- DivDAX
- Diversification
- Dividend
- Dividend guarantee
- Dividend stripping
- Dividend yield
- Double listing
- Downward movement
- Dual Listing (DL)
Dividend guarantee
Guarantee that a minimum dividend will be paid on preferred shares
Shareholders who own preferred shares receive a dividend guarantee to compensate for the fact that their shares do not carry voting rights. The stock corporation can postpone the payment of the dividend until it has had a ’’more profitable’’ year.
Majority shareholders receive a dividend guarantee if they have entered into an affiliation agreement with the company and are excluded from a profit transfer agreement.
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.