Date of payment


Also found in: Acronyms.

Date of payment

Date dividend checks are mailed.

Payment Date

The dates on which stockholders are sent dividend payments. That is, the payment dates are the dates where stockholders receive dividends that they are either guaranteed (for preferred stock) or that was previously declared by the company (for common stock). Payment dates are fixed for preferred stock because the dividends are contractually guaranteed; however, they may change for common stock, particularly when the company changes its plowback rate. See also: Interest Dates.
References in periodicals archive ?
In addition, C will be assessed deficiency interest on the $276,728 from 3/15/94 to the date of payment for both the $1,000,000 plus the appropriate deficiency interest.
If the taxpayer had unsuccessfully litigated the case, interest would be due on the penalties from the return's due date, including extensions, until the date of payment.
The planning point made clear by Allen is that a nonfiling taxpayer that receives a deficiency notice more than two years from the date of payment but less than three years from the due date of the return should first evaluate whether it will be entitled to a refund.
A maximum 20-30 day turn around is estimated from date of invoice to date of payment.
Star is offering to repurchase the Old Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the Old Notes or portion of Old Notes validly tendered for payment thereof, plus accrued and unpaid interest through the date of payment, upon the terms and subject to the conditions of the Offer.
85 payable in cash and (c) accrued and unpaid interest from February 15, 2006 up to (but not including) the date of payment payable in cash, subject to the terms and conditions of the offer to convert and consent solicitation.
New York City time, January 24, 2006 (the "Consent Date"), (and do not validly withdraw their Notes or revoke their consents by such date), will be paid total consideration for each $1,000 principal amount of the Notes equal to the present value (minus accrued interest) of (a) $1,000 per $1,000 principal amount of the Notes, the amount payable on April 15, 2006, the maturity date of the Notes (the "Maturity Date") and (b) an amount equal to the interest that would have been paid on the Notes from the date of payment up to and including the Maturity Date, in each case determined on the basis of a yield to the Maturity Date equal to the sum of (i) the yield of the 2.
5% of the market price of the Company's common stock on the date of payment.
The purchase price for the Notes is 100% of the principal amount of the Notes, plus accrued and unpaid interest thereon up to and including the date of payment, which is expected to be on or before Dec.
Payment for tendered Notes plus accrued and unpaid interest up to the date of payment of such tendered Notes will be paid for in same-day funds promptly following the expiration of the offers.
Holders that validly tender (and do not withdraw) their Notes prior to the expiration of the offer will receive 100% of the principal amount of the Notes plus accrued and unpaid interest, if any, thereon up to and including the date of payment, subject to the terms and conditions of the offer.
65, which amount also includes a consent payment of $20, plus accrued and unpaid interest up to the date of payment.