Examlex
Somites differentiate into
Declaration Date
The declaration date is when a company's board of directors announces the issuance of a dividend, specifying the amount and the payment date.
Payment Date
The specific date set by a company on which dividends will be paid out to shareholders or debt obligations to lenders will be met.
Stock Dividend
A distribution of additional shares of a company's stock to its shareholders at no extra cost, based on their existing holdings.
Stock Dividends Distributable
Shares of stock that are to be issued to shareholders as a dividend, representing a distribution of additional shares rather than cash.
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