Dividend, Glossary and Terms, Depository Institutions & Credit Unions
List of United States Depository Institutions, Credit Unions, Guide Service
"Dividend" - Depository Glossary Terms and Abbreviations
Funds paid to members based on account size and rates declared regularly (monthly, quarterly, or annually) for various types of accounts. A dividend represents the payment to a member by the credit union for use of the member's funds. When investing in stocks, "dividend" has a different meaning. It's the amount of money or stock that a corporation pays to its shareholders quarterly. Typically, only larger companies pay dividends; smaller companies generally invest their own profits to grow.?