# Variable Rate Dividend Payment

**IRI:** https://folio.openlegalstandard.org/RDfdb8MayZaABJg6QubdTeu

## Labels

**Preferred Label:** Adjustable Rate Dividend Payment

**Alternative Labels:**

- Floating Rate Dividend
- Floating Rate Payment
- Variable Dividend Payment

## Definition

Variable Rate Payment, also known as Adjustable Rate Payment, refers to a type of dividend income where the dividend rate is periodically adjusted, typically based on a benchmark yield or market interest rates. This adjustment allows the dividend payments to fluctuate with changing economic conditions.

## Sub Class Of

- https://folio.openlegalstandard.org/R8ZlXt0J1JMbXm6T0xEg2SO

**Deprecated:** False