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dividenda  (div-i-den-d<<schwa>>),  n.[fr.  Latin  dividere  “to  divide”]  Hist. Something  to  be divided; an indenture. [Blacks Law 8th]

dividend. A portion of a company’s earnings or profits distributed pro rata to its shareholders, usu. in the form of cash or additional shares. [Cases: Corporations    155(1). C.J.S. Corporations § 300.] accumulated  dividend.A  dividend  that  has  been  declared  but  not  yet  paid.  —  Also  termed accrued dividend. [Cases: Corporations    68, 156. C.J.S. Corporations §§ 158,…

divided-damages rule.Maritime law. The obsolete principle that when two parties are jointly liable to a third party for a tort, each party is liable for only half the  damages. • The courts  now apply  a  comparative-negligence standard.  [Cases:  Collision    143.  C.J.S. Collision  §§  242,  245, 259, 261–262.] “For over a hundred years admiralty law embraced…

divided custody.See CUSTODY(2). [Blacks Law 8th]

divided  court.An  appellate  court  whose  opinion  or  decision  in  a  particular  case  is  not unanimous, esp. when the majority is slim, as in a 5-to-4 decision of the U.S. Supreme Court. [Blacks Law 8th]

divide-and-pay-over  rule.Wills  &  estates.  The  principle  that  if  the  only  provisions  in  a testamentary disposition are words ordering that payment be made at some time after the testator’s death, time will be of the essence and the interest is future and contingent rather than vested and immediate. [Cases: Wills    630(6). C.J.S. Wills § 1339.] [Blacks Law…

divestment,n.1.Property.  The  cutting  short  of  an  interest  in  property  before  its  normal termination.  2.  The  complete  or  partial  loss  of  an  interest  in  an  asset,  such  as  land  or  stock. 3.DISINVESTMENT(2). — divest,vb. [Blacks Law 8th]

divestiture (di-ves-t<<schwa>>-ch<<schwa>>r or dI-), n.1. The loss or surrender of an asset or interest. 2. A court order to a party to dispose of assets or property. 3.Antitrust. A court order to a defendant to rid itself of property, securities, or other assets to prevent a monopoly or restraint of trade. — divest,vb. [Blacks Law 8th]

divestitive publication.See PUBLICATION. [Blacks Law 8th]

divestitive fact.See FACT. [Blacks Law 8th]