declaration date

Declaration date

The date on which a firm's directors meet and announce the date and amount of the next dividend.

Declaration Date

declaration date

The date on which a firm's directors meet and announce the date and amount of the next dividend. Following the declaration, dividends become a legal liability of the firm. See also ex-dividend date, interest dates, record date.
References in periodicals archive ?
An affidavit deposed to by the plaintiff's aide, Adebayo Oloyin, stated in part, 'That it is a common sense that collation date will always precede declaration date as the collation dictates declaration of results.
Global Banking News-September 25, 2017--Independent Bank announces changes to dividend declaration date
Also, the board decided that as of the first quarter of 2017, the regular quarterly cash dividend declaration date will move from the first month after quarter end, to the second month after quarter end.
In addition, the board of directors has decided to move the regular quarterly cash dividend declaration date from the first month after quarter-end to the second month after quarter-end effective beginning in the first quarter of calendar 2017, so the next regular dividend declaration date is expected to be February 21, 2017, the company said.

Full browser ?