# What does "no dividend to distribute" mean?

**URL:** <https://forums.counterparty.io/t/what-does-no-dividend-to-distribute-mean/1066>\
**Category:** Counterwallet\
**Created:** [April 18, 2015, 1:42pm UTC](https://forums.counterparty.io/t/what-does-no-dividend-to-distribute-mean/1066 "2015-04-18T13:42:38Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![something](https://yyz2.discourse-cdn.com/flex004/user_avatar/forums.counterparty.io/something/32/240_2.png) [@something](https://forums.counterparty.io/u/something)\
**Post date:** [April 18, 2015, 1:42pm UTC](https://forums.counterparty.io/t/what-does-no-dividend-to-distribute-mean/1066/1 "2015-04-18T13:42:38Z")

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Question: Why do I get this and what does it mean?

![](https://forums.counterparty.io/uploads/counterpartytalk/258/954ee00530609707.png)

Answer:

- Dividends cannot be paid to the issuer.
- If you hold the complete issuance of a token and attempt to pay out a dividend, you will get this message because nothing would be paid out (since the issuance is 100% owned by the address attempting to pay the dividend).

Edit: edited the post to clarify that was a question, and added info provided by Robert

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**Author:** ![FoldingCoin](https://yyz2.discourse-cdn.com/flex004/user_avatar/forums.counterparty.io/foldingcoin/32/218_2.png) [@FoldingCoin](https://forums.counterparty.io/u/FoldingCoin)\
**Post date:** [April 18, 2015, 4:34pm UTC](https://forums.counterparty.io/t/what-does-no-dividend-to-distribute-mean/1066/2 "2015-04-18T16:34:41Z")

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Are you doing the dividend payment from the address that owns the asset correct? and you cannot pay dividends to the wallet that owns the asset

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**Author:** ![something](https://yyz2.discourse-cdn.com/flex004/user_avatar/forums.counterparty.io/something/32/240_2.png) [@something](https://forums.counterparty.io/u/something)\
**Post date:** [April 18, 2015, 4:38pm UTC](https://forums.counterparty.io/t/what-does-no-dividend-to-distribute-mean/1066/3 "2015-04-18T16:38:30Z")

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@FoldingCoin, yes I was, but also I should have indicated that I was answering a question I got from the chat.  
Perhaps I should edit the original post.