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distributable
[di-strib-yuht-uh-buhl]
adjective
able to be distributed; available for distribution.
Finance., remaining after tax has been paid on the gross amount of income, especially in corporate contexts.
Example Sentences
The company delivered solid 3Q results, with distributable earnings of 63 cents a share coming in just ahead of the consensus forecast at 62 cents.
Distributable earnings, a measure of cash that can be returned to shareholders, rose to $1.49 billion, or 63 cents a share, for the three months from $1.33 billion, or 56 cents a share, a year earlier.
Majority-owned Brookfield Asset Management arm recorded a 6.8% rise in distributable earnings on a year-earlier to $661 million in the third quarter, while fee-related earnings were up 17% to an all-time high of $754 million.
Brookfield’s third-quarter distributable earnings, a measure of cash that can be returned to shareholders, rose 6.8% to $661 million, or 41 cents a share, compared with the year-earlier period.
Distributable earnings per share of 96 cents missed the $1.01 estimate of analysts polled by FactSet.
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