Examlex
Pope Gregory VII
Dividends Payable
A liability account on a company's balance sheet representing the amount of declared dividends that are to be paid out to shareholders.
Date of Declaration
The date on which a company's board of directors announces a dividend payment to shareholders.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall market capitalization remains unchanged.
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuing company.
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