Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,686,531 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Payment Date

    0.01 sec.
Payment date
The date on which shareholders of record will be sent a check for the declared dividend.

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.

payment date
The date on which a dividend will be paid to stockholders or on which interest will be paid to bondholders by the issuers' paying agents. In some cases, the issuers will have the payments made a day early so that the security holders will receive payment on the payment date.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
A change in the time and form of payment would include, for example: * A change from a lump-sum payment to an annuity payment; * A change from a life annuity to a lump-sum payment; * A change in the length or commencement date of an installment payment; * The addition of a new payment trigger; and * A change in the payment date of a lump-sum payment.
A change in the time and form of payment would include, for example: * A change from a lump-sum payment to an annuity payment; * A change from a life annuity to a lump-sum payment; * A change in the length or commencement date of an installment payment; * The addition of a new payment trigger; and * A change in the payment date of a lump-sum payment.
You agree a regular monthly or quarterly payment date and the amount that will be debited from your current account - and the firm must tell you in advance if it wants to alter either.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.