dividend payment date

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Dividend Payment Date

The dates on which stockholders are sent dividend payments. That is, the dividend 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). Dividend 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.

dividend payment date

The date on which an issuer's paying agent will send dividend payments to stockholders. See also ex-dividend date, payment date.
References in periodicals archive ?
The record date and dividend payment dates remain unaffected.
Thus, the expected 2007 dividend payment dates will be: February 28, May 28, August 28 and November 28, or the first business day following in the event that date falls on a weekend or bank holiday.
Thus, the expected 2007 dividend payment dates for the remainder of the year are: May 28, August 28 and November 28, or the first business day following in the event that date falls on a weekend or bank holiday.
There will be no change in the timing of the quarterly dividend payment dates, currently set as the last day of the month of each quarter, subject to declaration by the Board.
The selling shareholders obtained the Shares earlier in 2003 pursuant to a stockholder-approved redemption and/or conversion of the Company's Series A and B Convertible Preferred Stock and, in the case of certain selling shareholders, by accepting shares of the Company's common stock in lieu of cash dividends at the preferred stock dividend payment dates of February 15 and May 15, 2003.
FDM includes a mechanism to develop any validation rule on any type of data, such as prices, bond call schedules, and dividend payment dates.
The Board of Directors also announced that commencing in the fourth quarter 2002, CAIT's common shareholder of record and dividend payment dates will change.
Dividends on the Preferred Stock are cumulative from the date of original issue and accrue each quarter to the dividend payment dates of the fifteenth day of January, April, July and October of each year.
Dividends on the Preferred Shares are cumulative from the date of original issue and accrue each quarter to the dividend payment dates of the fifteenth day of January, April, July, and October of each year.
At the time of the sale of the convertible preferred stock, currently expected later this week, the dividend rate, conversion features, redemption provisions, and dividend payment dates will be established.
During 1999, USEC anticipates dividend payment dates of March 15, June 15, September 15 and December 15.
Consistent with this new schedule, we expect future dividend payment dates to be several days prior to the end of each calendar quarter.