Examlex
What is the official language of the IASB?
Common Stock Dividend
Payments made to shareholders out of a company's earnings, reflecting a portion of the profit allocated for each share of common stock.
Legal Financial Obligation
A requirement to pay money as determined by a legal process or by law.
Declared
Pertains to a dividend or other distribution officially announced by a company's board of directors to be paid to shareholders.
Automatic Dividend Reinvestment
A program that allows investors to reinvest their cash dividends in additional shares or fractional shares of the underlying stock automatically.
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