Glossary entry

Spanish term or phrase:

utilidades

English translation:

distribution of earnings / distributed earnings

Added to glossary by Richard Cadena
Jun 4, 2019 20:26
4 yrs ago
43 viewers *
Spanish term

utilidades

Spanish to English Bus/Financial Accounting
En el estado de evolucion del patrimonio neto

Distribución de utilidades según Reunión de socios de fecha XX de XX de XXXX

Estas utilidades se traducen como earnings? dividends?

Encuentro entradas similares en el glosario, pero ninguna me ha contestado la pregunta.

¡Gracias!
Change log

Jun 7, 2019 06:40: Richard Cadena Created KOG entry

Proposed translations

+1
31 mins
Selected

distribution of earnings / distributed earnings

Reference:
Spanish-English Dictionary of Law and Business - 2nd Edition
Thomas L. West III
This dictionary has the following terms:
Distribución de Ganancias - Distribution of earnings
Distribución de Utilidades - Distribution of earnings

Reference:
Diccionario de Terminología Contable y Financiera Especializada /Spanish-English & Inglés-Español, published by the Instituto Mexicano de Contadores Públicos, A.C. Prof. Richard J. Cadena
This dictionary has the following term:
Distribución de Utilidades - Distribution of earnings, distributed earnings

Over thirty years of translating from Spanish to English almost exclusively for big 4 and 2nd tier public accounting firms

Hope this helps

Peer comment(s):

agree Luis M. Sosa
2 hrs
Thank you, Luis.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "¡Thanks, Richard!"
+1
8 mins

dividends

https://www.investopedia.com/terms/a/agm.asp
At an AGM, the directors of the company present an annual report containing information for shareholders about the company's performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company's board of directors, executive compensation, dividend payments and selection of auditors.

https://en.m.wikipedia.org/wiki/Dividend
A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.[1] When a corporation earns a profit or surplus, the corporation is able to re-invest the profit in the business (called retained earnings) and pay a proportion of the profit as a dividend to shareholders. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or share repurchase. When dividends are paid, shareholders typically must pay income taxes, and the corporation does not receive a corporate income tax deduction for the dividend payments.[2]

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Note added at 10 minutos (2019-06-04 20:36:09 GMT)
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It should say dividend, in singular.

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Note added at 12 minutos (2019-06-04 20:38:10 GMT)
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https://www.investopedia.com/terms/d/dividend.asp
What is a Dividend?
A dividend is the distribution of reward from a portion of company's earnings and is paid to a class of its shareholders. Dividends are decided and managed by the company’s board of directors, though they must be approved by the shareholders through their voting rights. Dividends can be issued as cash payments, as shares of stock, or other property, though cash dividends are the most common. Along with companies, various mutual funds and exchange traded funds (ETF) also pay dividends.
Note from asker:
¡Gracias, Judith!
Peer comment(s):

agree Marco Paz
56 mins
Something went wrong...
+1
20 mins

profit

*...distributionS of profit...* si es una SRL.

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Note added at 22 mins (2019-06-04 20:48:10 GMT)
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No sé por qué salió con *S*...

https://info.legalzoom.com/llc-pay-dividends-3664.html
Limited liability company members do not receive dividend payments; only shareholders of a corporation receive earnings through dividends. However, members may receive distributions of profit from the LLC at the discretion of management or as required in an operating agreement.

https://www.cuidatudinero.com/13171733/una-srl-paga-dividend...
Las SRL no emiten acciones, por lo tanto, no pagan dividendos.
Note from asker:
¡Gracias, Adolfo!
Peer comment(s):

agree Adrian MM. : ... could be both dividends on shares and profit paid out as *directors' fees* - the latter a well-known tax dodge.
1 hr
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