Payable date


Also found in: Acronyms.

Payable date

The date when dividends or capital gains are paid to shareholders or reinvested in additional shares.

Payable Date

The date on which dividends are given to shareholders, who may either receive a check from the company or elect to receive more shares.
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has announced the payable date of the dividend declared on September 15, 2016, the company said.
But "there are inherent risks associated with allocating late and unidentified payments," the paper says, and "while the practice of allocating all entitlements on the payable dates has provided a great deal of certainty for DTC participants and their customers, the exposure to credit and liquidity risk in an increasingly complex financial and regulatory environment has grown to unacceptable levels.
Does it advance income on the payable date or only upon receipt?
Several years ago, the record and payable dates of a stock dividend for the ADR of a Japanese company overlapped with its Japanese counterpart, resulting in erroneous distribution of a large number of "bonus" shares, much to the chagrin of the agent bank, which still is trying to retrieve the shares.
Under the previous long-standing industry practice, DTC collected and allocated virtually all payments on the payable date, regardless of whether the payments were received on time or correctly identified.
51 days between the shares' settlement on February 10, 2010 and the payable date of April 1, 2010 for NGO PrC,
Record Date < < < December 15, 2009 Ex-Dividend Date < < < December 11, 2009 Payable Date < < < December 31, 2009 [TABLE OMITTED]
The final auction date for the Series B Preferred Shares to be redeemed is scheduled for November 4, 2008 with a 7 day dividend period ending on November 11, 2008 and a dividend payable date of November 12, 2008.
The payable date for the 10% stock dividend is January 12, 2007.
The dividend is payable to all shareholders of record on December 31, 2006, with a payable date of January 16, 2007.
A notification pursuant to Section 19a-1 of the Investment Company Act of 1940 will be posted to the Fund's website after the close of business three business days prior to the payable date.
The dividend is payable to all shareholders of record on June 30, 2006, with a payable date of July 17, 2006.