Examlex
According the results in Chapter 9 using the GLOBAL data file,
Dividends Payable
Liabilities on a company's balance sheet representing the amount of dividends declared by the board of directors but not yet paid to shareholders.
Cash Dividend
A payment made by a company out of its earnings to shareholders in the form of cash.
Retained Earnings
is the portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment or debt payment.
Date of Record
The specific date set by a corporation on which the shareholders must be on the company's books in order to receive a declared dividend or participate in a corporate action.
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