Only those shareholders who bought the stock before the ex-dividend date receive the dividend on the date of payment (payable date).
Investment dictionary. Academic. 2012.
Look at other dictionaries:
payment date — date by which a payment must be given … English contemporary dictionary
payment date — The date that dividends, interest, or principal and interest payments are due to be paid to the owner of record of a security. American Banker Glossary The date on which shareholders of record will be sent a check for the declared dividend.… … Financial and business terms
Payment date — The date on which each shareholder of record will be sent a check for the declared dividend. The New York Times Financial Glossary * * * The date on which a coupon payment, dividend or fund distribution is due to be made … Financial and business terms
Payment date — An ISO term. The date on which a payment is executed … International financial encyclopaedia
payment date — / peɪmənt deɪt/ noun a date when a payment should be or has been made … Dictionary of banking and finance
payment date — The date on which the distribution is due to take place (cash and/or securities) … Euroclear glossary
Next Interest Payment Date — This is the next interest settlement date of the interest amount for the next period. This date will be used to report the interest amount in the correct time bracket for certain position reports … International financial encyclopaedia
Date rolling — In finance, date rolling occurs when a payment day or date used to calculate accrued interest falls on a holiday, according to a given business calendar. In this case the date is moved forward or backward in time such that it falls in a business… … Wikipedia
Payment schedule — The payment schedule of financial instruments defines the dates at which payments are made by one party to another on for example a bond or derivative. It can be either customised or parameterised. Parameterised Schedule The schedule is generated … Wikipedia
payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it … Financial and business terms