1. From an economic perspective, there is no substantive difference between a stock split and a stock dividend. 2. These voters have stock dividends and municipal bonds on their minds, too. 3. They seem at first glance to be the same, using stocks and income from bonds and stock dividends to grow. 4. Under California law the stock dividends were attributed to the life tenant. 5. However that did not affect the central question of whether those stock dividends were to comprise a capital or income receipt as far as the beneficiary was concerned. 6. Different rules, of course, apply to stock dividends from companies resident in the United Kingdom. 7. An aide said Byrd did not intend to require the disclosure of salaries or such sources of income as stock dividends. 8. As a state agency, the authority would also save money by avoiding corporate taxes and not paying stock dividends. 9. Because of the law, Southern Union Co. has held up paying its annual stock dividend, which it would have declared in June. 10. But he is paid decently and gets stock dividends now. |