declare

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Declare

To authorize or announce a dividend. A publicly-traded company that declares a dividend binds itself with an obligation to later pay that same dividend to shareholders. See also: Declaration date, Ex-dividend date.

declare

To authorize a dividend formally.
References in classic literature ?
The policeman concluded by declaring that the man was either drunk or designing, as he could not or would not speak sensibly.
They go the length of declaring that this honest creature would do anything for money, that the HISPANIOLA belonged to him, and that he sold it me absurdly high--the most transparent calumnies.
The Sultan lost no time in declaring the object of his visit, and leading the chief of the dervishes aside, he said to him, "Noble scheik, you have guessed perhaps what I have come to ask you?
or Rocinante, for that, ladies mine, is my horse's name, and Don Quixote of La Mancha is my own; for though I had no intention of declaring myself until my achievements in your service and honour had made me known, the necessity of adapting that old ballad of Lancelot to the present occasion has given you the knowledge of my name altogether prematurely.
Then, say I, in the first place, that the Confederation is chargeable with the still greater folly of declaring certain powers in the federal government to be absolutely necessary, and at the same time rendering them absolutely nugatory; and, in the next place, that if the Union is to continue, and no better government be substituted, effective powers must either be granted to, or assumed by, the existing Congress; in either of which events, the contrast just stated will hold good.
Many of his friends (he was by that time dead, you will please remark) have contested mordicus this curious fact, declaring it to be a fable, and upholding the Chevalier de Valois as a respectable and worthy gentleman whom the liberals calumniated.
But he secured silence by declaring that henceforth the Circles would enter on a policy of Concession; yielding to the wishes of the majority, they would accept the Colour Bill.
I could not chance causing her additional pain or sorrow by declaring a love which, in all probability she did not return.