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URL:  http://boards.fool.com/ive-never-heard-of-companies-paying-dividends-to-21662173.aspx

Subject:  Re: What to do with a losing IRA Date:  11/26/2004  11:18 PM
Author:  Mark0Young Number:  43302 of 76237

I've never heard of companies paying dividends to creditors. My understanding is that dividends are a distribution of earnings to owners, i.e. stockholders.

Have you heard of paying interest to creditors? A "bond dividend" is essentially interest.

See http://dictionary.reference.com/search?q=bond%20dividend

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