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 ?
84 per $1,000 principal amount, in each case together with accrued and unpaid interest up to but not including the date of payment.
From June 30, 1999, to July 31, 1999, the date of payment on the 1989 tax year, deficiency interest will be computed at the applicable deficiency interest rate.
Interest must be paid on any payment made after the original due date calculated from the original due date to 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.
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.
However, A owes deficiency interest from the due date of the 1989 return to the due date of the 1991 return, plus interest thereon to the date of payment (Sec.
The purchase price for the Accepted Notes was $1,000 for each $1,000 of principal amount of Notes tendered plus accrued but unpaid interest to, but not including, the date of payment.
Star offered 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.
661 (f) provides that if an overpayment results from the carryback of an NOL, net capital loss or business credit, interest is not paid for the period between the date of payment and the filing date for the tax year giving rise to the carryback.
00 per $1,000 principal amount of Notes accepted for purchase, plus accrued and unpaid interest to, but excluding, the date of payment.