Class of share within a split capital investment trust that receives a high dividend yield.
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income share UK US noun [C] (also income stock)
► FINANCE a share in a company that pays dividends (= part of the profit of a company that is paid to shareholders) rather than increasing in value: »
Buying a non-dividend paying share and holding it until it matures is more profitable than owning a steady income share which returns a high annual gross yield.
Financial and business terms. 2012.