What is the date of statement?

Date of statement (or date of notice) is the actual date that the Board of Directors of the Company announces its dividend payment intention. This is the day when the company officially owes dividend shareholders.

Dividend is the distribution of part of the company's profits. It is paid to both ordinary and preferred shareholders. Most companies that pay dividends pay them quarterly. This would mean that if your company had a USD dividend of $ 1, you would receive $ 0.25 (USD) per share every three months.

The statement date is notified for each share of shares dividend. Most dividends are paid in cash or stocks. In addition to regular dividends, there are special one -off dividends, sales or liquidation of part of the business or postponing businesses as a result of wins in court proceedings.

Accounting records binding liability of dividend payments at the date of statement. This number will include the total amount of dividend payout, number of shareholders eligible and payment date.

The date of the declaration is also when the Board of Directors will state “Date of Record” and “Date of Payment”. The date of record is the date when the shareholder has to own shares to qualify to get dividend. In other words, if you purchased the shares after the date of the record (or ex-datend date), you would not be entitled to this particular dividend payout.

Payment date is the actual payment date for a particular dividend. It is usually a week or longer after the date of record. This date can affect the price of shares and many investors will take into account the timing of the market at this date.

As soon as dividend payment is allowed, it is binding for the company. The Third Friday Month is a statement date for all US action. If this date falls on holiday, the date of the declaration of the third Thursday this month will be.