dividend payment date
(redirected from Dividend Payment Dates)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.