Examlex
SRP stands for ________, and it plays a role in ________.
Cash Dividend
A payment made by a corporation to its shareholders, the amount of which is determined by the company's board of directors, and is usually distributed in cash based on the profits earned.
Liability
An obligation of an entity arising from past transactions or events, the settlement of which is expected to result in an outflow of resources embodying economic benefits.
Date Of Record
The specific date set by a company on which the shareholders of record are entitled to receive dividends or other distributions.
Dividend Payment Date
The specific date on which a company's dividend payment is to be made to shareholders of record.
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