Where does the word "dividend" come from?

Dividends, also known as profit sharing, are short for dividend distributions.

The "International Conference on Dividends" held in Paris in 1899 pointed out: "Dividends refer to the remuneration of a certain proportion of profits from an enterprise unit's promotion to the general employees of the enterprise unit. Such remuneration is determined in advance according to a free agreement plan.

The ratio of promotion; once the ratio is determined, it cannot be changed by the employer."

Professor Robert Sonnard of the University of Chicago defines dividends as: "The so-called dividends, simply put, refer to the distribution of a portion of the employer's profits to employees in addition to their normal salaries."

"Cihai" explains dividends as follows: "At the time of each final accounting, an enterprise group allocates a portion of its surplus to users or workers. It is called dividends, also known as bonuses, and it means rewarding labor subsidies and wages."

Mr. Lu Guang also has a similar definition: "In order to increase production and reduce costs through human cooperation, the employer, according to a free contract, distributes the profits obtained by the business unit to the employee in accordance with a predetermined ratio**

*Enjoy".

In addition, Mr. Li Shanmeng's definition is: "A business company that makes profits during a year of economic prosperity distributes a portion of its net income to its employees, which is called dividends."

Mr. Du Gongbi also pointed out: "At the end of each business year of a company, after final accounting, if there is a surplus, it is customary to first pay the profit-seeking enterprise income tax, set aside the statutory surplus reserve, and set aside fixed-rate dividends. The remainder will be dividends and bonuses, which are the capital contributions of shareholders.

The remuneration, if some Jiahui employees are transferred, will be regarded as dividends.