FUND.OF CORPORATE FINANCE(LL)
FUND.OF CORPORATE FINANCE(LL)
11th Edition
ISBN: 9781260443714
Author: Ross
Publisher: MCG
bartleby

Videos

Textbook Question
Chapter 17, Problem 17.1CTF

Dividends are paid to the parties listed as shareholders on what date?

Expert Solution & Answer
Check Mark
Summary Introduction

To decide: The date on which the dividends are payable to the listed shareholders.

Introduction:

Dividend is the portion of the company’s earnings distributed to the parties, listed as shareholders of the company.

Explanation of Solution

Once the company finalizes its income statement, dividends payable are declared to the shareholders. Dividends are payable on the payment date or payable date. The shareholders who owned the shares before the ex-dividend date are allowed to the declared dividends.

Those who are not in the idea of reinvesting the shares will get the dividend on the payment dates.

Pictorial representation:

The date on which the company pays dividend to its shareholders:

FUND.OF CORPORATE FINANCE(LL), Chapter 17, Problem 17.1CTF

Conclusion

Thus, the shareholders will get their dividends payable by the company on the payment dates if there are eligible, and the dividends are payable on quarterly basis.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Which of the following dates has the shareholder theoretically realized income from dividend? a. the date the dividend is declaredb. the date of recordc. the date the dividend check is mailed by the entityd. the date the dividend check is received by the shareholders
Briefly explain the concept of ex-dividend date, record date, date payable, dividend franking and type of dividends by the companies listed on ASX
When a corporation pays dividends, the three relevant dates for dividends occur in this order: a. date of record, date of declaration, date of paymentb. date of payment, date of declaration, date of recordc. date of declaration, date of payment, date of recordd. date of declaration, date of record, date of payment

Chapter 17 Solutions

FUND.OF CORPORATE FINANCE(LL)

Knowledge Booster
Finance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
    • SEE MORE QUESTIONS
    Recommended textbooks for you
  • Century 21 Accounting General Journal
    Accounting
    ISBN:9781337680059
    Author:Gilbertson
    Publisher:Cengage
    Century 21 Accounting Multicolumn Journal
    Accounting
    ISBN:9781337679503
    Author:Gilbertson
    Publisher:Cengage
    Financial Accounting Intro Concepts Meth/Uses
    Finance
    ISBN:9781285595047
    Author:Weil
    Publisher:Cengage
  • Principles of Accounting Volume 1
    Accounting
    ISBN:9781947172685
    Author:OpenStax
    Publisher:OpenStax College
  • Century 21 Accounting General Journal
    Accounting
    ISBN:9781337680059
    Author:Gilbertson
    Publisher:Cengage
    Century 21 Accounting Multicolumn Journal
    Accounting
    ISBN:9781337679503
    Author:Gilbertson
    Publisher:Cengage
    Financial Accounting Intro Concepts Meth/Uses
    Finance
    ISBN:9781285595047
    Author:Weil
    Publisher:Cengage
    Principles of Accounting Volume 1
    Accounting
    ISBN:9781947172685
    Author:OpenStax
    Publisher:OpenStax College
    What Are Stock Buybacks and Why Are They Controversial?; Author: TD Ameritrade;https://www.youtube.com/watch?v=2O4bmcliaog;License: Standard youtube license