Aug 4, 2020 11:07
3 yrs ago
28 viewers *
Russian term

не имеет задолженности по их уплате

Russian to English Law/Patents Law: Contract(s)
Общество распределяло и выплачивало дивиденды из чистой прибыли в соответствии с действующим законодательством и не имеет задолженности по их уплате.

Можно ли сказать "and there are no arrears in their payment" (словарно-программный вариант) или лучше как-то иначе, например:

1) ...and has no payable dividends
2)... and has no liabilities with respect to their payment...
...
?

Proposed translations

+4
1 hr
Selected

Doesn’t have any dividends in arrears

https://www.investopedia.com/articles/investing/091015/examp...
If a company has dividends in arrears, it usually means it has failed to generate enough cash to pay the dividends it owes preferred shareholders.

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Note added at 1 hr (2020-08-04 12:37:43 GMT)
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https://www.accountingtools.com/articles/2017/5/6/dividends-...
A dividend in arrears is a dividend payment associated with cumulative preferred stock that has not been paid by the expected date. These dividends have not been authorized by the board of directors, because the issuing entity does not have sufficient cash to make the payment. Instead, the existence of this nonpayment is disclosed in the footnotes that accompany the financial statements.

Dividends in arrears may pile up over several subsequent payment dates, if the financial circumstances of a business do not allow for these payments.
Peer comment(s):

agree DTSM
24 mins
agree Oleg Lozinskiy
2 hrs
agree IrinaN
2 hrs
agree Yuri Larin
5 hrs
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
54 mins

Has no dividend debt payments

задолженности debt
уплатa payment

As with other leveraged transactions, if a firm cannot make its debt payments, meet its loan covenants or rollover its debt it enters financial distress which often leads to bankruptcy.
Note from asker:
+ has no outstanding dividend payments?
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