payment date

Payment Date

The date on which a declared stock dividend is scheduled to be paid.

Notes:

Only those shareholders who bought the stock before the ex-dividend date receive the dividend on the date of payment (payable date).

See also: Book Closure, Cum Dividend, Declaration Date, Dividend, Ex-Date, Ex-Dividend, Holder of Record, Record Date

---

Payment date

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

---

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.