The dividend declared date, record date, ex-date and pay date. The importance to explain price shifts in the dates. Introduction: Dividend: Dividend is the share of company’s earnings which is decided by the board of directors to distribute among its shareholders. It is done when a company earns profit in excess which it expected and from that profit they reinvest certain amount in business and pay other portion as dividend.

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Chapter 15, Problem 4TCL

Summary Introduction

To identify: The dividend declared date, record date, ex-date and pay date. The importance to explain price shifts in the dates.

Introduction:

Dividend:

Dividend is the share of company’s earnings which is decided by the board of directors to distribute among its shareholders. It is done when a company earns profit in excess which it expected and from that profit they reinvest certain amount in business and pay other portion as dividend.

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