HandbookDeal structure
Are dividends paid while a deal is pending?
What it means and how to read it on a deal.
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Tracking Alpha
What it is
Whether the target may keep paying its regular dividends before the deal closes.
On the site asDividends allowedAllowedNot allowed
How to read it
- Allowed
- It may keep paying regular dividends, often up to a stated amount.
- Not allowed
- It may not without the buyer's consent. Allowing only one more dividend, or only those a REIT needs to keep its status, counts as not allowed.
The tag Dividends allowed shows the first. The annualized spread adds the dividends on record before the expected close.