A company’s payment of stock, cash or physical products (like crypto tokens) to its shareholders. For an SPV, a distribution is typically an allocation of capital gains and income from a portfolio company to its investors. SPVs will receive distributions from an asset, like a portfolio company investment and in turn make pro rata distributions to the SPV investors. Distributions may be owed to investors as a payment of interest, principal, or dividend on a regular basis, or as part of a liquidity event.