Financial

dividend payment date

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.
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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.
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
Under the Plan, the Corporation will automatically reinvest for participating shareholders the cash dividends of KPT in newly issued Common Shares at a price per Common Share equal to the 5-day weighted average trading price of the Common Shares prior to the dividend payment date. The Plan was recently amended to increase the price per Common Share issued pursuant to the Plan from 97% of the 5- day weighted average trading price of the Common Shares prior to the dividend payment date to 100% of the 5-day weighted average trading price of the Common Shares prior to the dividend payment date.
The company announced the dividend payment date as 15 July 2019, record date as 30 June 2019 and the ex-dividend date as 27 June 2019.
According to the board's resolution, the record date for the share dividend will be 10 June 2019, the share dividend payment date will be 11 June 2019 and the payment date for the fractional entitlements to be paid in cash will be 17 June 2019.
Initially, the company will issue the shares under the Plan directly at no discount to the volume weighted average closing trading price per share of the company's common stock for the five trading days preceding the dividend payment date with respect to the common stock and without incurring brokerage fees or commissions.
The qualification date for dividend is March 8, 2019, while Annual General Meeting and dividend payment date is March 19.
The record date for this quarterly dividend will be November 26, 2018 with a dividend payment date of December 4, 2018.
Because the redemption date is also the dividend payment date, the redemption price does not include declared and unpaid dividends.
For series A, GT Capital has the option to redeem in whole but not a part of the shares on the fifth anniversary of the issue date or any dividend payment date thereafter.
M2 PHARMA-May 25, 2016-BD's board sets dividend payment date as 30 June 2016
The dividend Payment Date remains February 25, 2019.
Since the redemption date is also the dividend payment date, the redemption price of $25.00 per share of Series C Preferred Stock does not include declared and unpaid dividends.
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