Financial

dividend payable

Dividend Payable

A dividend that a company has declared but not yet paid. See also: Ex-Dividend, Dividend Payment Date.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

dividend payable

A dividend that has been declared by directors but not paid to stockholders. A dividend that is declared becomes a general liability of the company until paid to shareholders.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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References in periodicals archive
Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a dividend payable in U.S.
(NASDAQ: PKBK) has announced the declaration of a USD 0.16 per share cash dividend payable on July 26, 2019, to its stockholders of record as of the close of business on July 12, 2019, the company said.
The company formerly known as Gannett saw its Board of Directors today declare a dividend payable on April 1.
VMware announced that the payment date for VMware's $11B, conditional one-time special dividend payable pro-rata to all VMware stockholders, previously announced on July 2, 2018, is December 28, 2018.
Under the distribution policy announced in September 2013, the monthly dividend payable on the Class A shares is determined by applying a 10% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 3 trading days of the preceding month.
Core Laboratories NV (NYSE: CLB US)(Euronext Amsterdam Exchange: CLB NA), a provider of proprietary and patented reservoir description and production enhancement services used to optimise petroleum reservoir performance, has announced its cash dividend payable in the fourth quarter of 2018.
The company reported an increase in the cash dividend payable to an annual rate of USD2.88 pershare compared with the earlier dividend of USD2.70 per share.
Furthermore, the second proviso of the said section states that in case of a listed company, any dividend payable in cash shall only be paid through electronic mode directly into the bank account designated by the entitled shareholders.
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