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The dividend amounts to an annual yield of 1.4 percent at Thursday's closing price of $17.
He also argues that announcing a guaranteed dividend amounts to share-price manipulation, breaking Chinese securities laws.
Rio Tinto's offer, including Ashton's 5-cent dividend, amounts to 1.90 Australian dollars a share, or 17percentt more than De Beers's bid of 1.62 dollars.
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Wal-Mart's first-quarter dividend amounted to $1.3 billion.
He said Ford probably will increase the dividend amount later in 2012.
As part of its bid, SABMiller has said it would reduce its offer price by any dividend amount paid by Foster's, which said on Tuesday that it would pay a second-half dividend of 13.25 Australian cents a share.
The fall in the rupee will benefit Indian companies with overseas arms as it will increase the dividend amount that comes into the coffers of the Indian parent without increasing the operational costs on the foreign subsidiaries.
The term was coined years ago as something of a joke, but it has since become a routine part of discourse, as in this editorial in The Anchorage Daily News last summer: "The dividend amount has become a little like Ted Stevens money, an economic force all its own and something we'd just as soon keep in the family".
In these instances, you receive your dividend amount as a "substitute payment in lieu of dividends or interest".
And then there was that hopelessly stodgy cash dividend, amounting to 8% of the stock's January 2000 price.
Glenn Daily, a New York insurance consultant, notes that this method can often increase the benefit by roughly twice the dividend amount, depending on your age.
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