A geological engineer has the job of designing mines to remove minerals (like metals and coal) in a safe and efficient way to use in utilities and manufacturing. These engineers also draw up technical reports for other engineers, managers, and miners.
DISCRETE DIVIDENDS IN EQUITY DERIVATIVES. One of the complications in equity derivative modelling is how to treat dividends. One of the complications in equity derivative modelling is how to treat dividends. On dividend payout, or ex div, dates, the underlying spot drops by the dividend amount, ignoring tax. This introduces discrete deterministic jumps into the geometric Brownian process assumed within the Black-Scholes framework. The underlying stochastic process in the presence of discrete dividend can be expressed as:
Definition: A dividend is a payment made to shareholders that is proportional to the number of shares owned. It is authorized by the board of directors.here are a number of types of dividends that can be issued, including the following: 1  Cash dividend. 2  This is the most common form of dividend, paid solely in cash. 3  Stock dividend. 4  This is the issuance of additional shares to investors.