“On March 10, 2012, ABC company declares that dividends is payable on May 25, 2012 to shareholders on the register on April 20, 2012. The ex-dividend date is April 18, 2012.”
Above is a news header and it contains all key dates of dividend:
- March 10, 2012 (declaration date) : This date is when company declares a dividend payment in the future.
- May 25, 2012 (payable date): This date is when dividend payments are actually made to shareholders.
- April 20, 2012 (record date): This date is when company decides who receives the dividend payment. All shareholders on record will receive payment on incoming payable date.
- April 18, 2012 (ex-dividend date): Investors bought before this date will be recorded and whose name will appear on record on record date.