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 periodicals archive ?
It would be like after the 7th of December 1941, declaring war on Japanese planes.
while that of the British king extends to the declaring of war and to the raising and regulating of fleets and armies -- all which, by the Constitution under consideration, would appertain to the legislature.
No, not at all,'' Barbara Levin, director of communications for NBC News, responded when asked if she thought the closeness of the race would prevent the network from declaring a winner before 8 p.