element <dividendPayout> (local)

Namespace: | http://www.fpml.org/FpML-5/reporting
Type: | DividendPayout
Content: | complex, 3 elements
Defined: | locally witnin BasketConstituent complexType in fpml-asset-5-3.xsd; see XML source

Content Model Diagram

XML Representation Summary
<dividendPayout>
Content: | (dividendPayoutRatio? | dividendPayoutConditions?), dividendPayment*
</dividendPayout>

Content model elements (3):

  dividendPayment, dividendPayoutConditions, dividendPayoutRatio

Included in content model of elements (1):

  basketConstituent

Annotation
Specifies the dividend payout ratio associated with an equity underlyer. A basket swap can have different payout ratios across the various underlying constituents. In certain cases the actual ratio is not known on trade inception, and only general conditions are then specified. Users should note that FpML makes a distinction between the derivative contract and the underlyer of the contract. It would be better if the agreed dividend payout on a derivative contract was modelled at the level of the derivative contract, an approach which may be adopted in the next major version of FpML.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="dividendPayout" type="DividendPayout"/>

XML schema documentation generated with DocFlex/XML 1.8.6b2 using DocFlex/XML XSDDoc 2.5.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.