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Cash Dividend Liability
An obligation for a corporation to pay shareholders a declared dividend in cash.
Date of Record
The specific date set by a corporation upon which the company determines the shareholders eligible to receive a dividend or distribution.
Income Tax Expense
The cost of income taxes a company must pay, reported in the income statement as part of its expenses.
Dividends
Funds disbursed by a company to its shareholders, frequently as an allocation of earnings.
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