dividend payment date investment & finance definition
The date on which an issuer's paying agent will send dividend payments to stockholders. See also ex-dividend date, payment date.
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First after the following dividend payment date are they equivalent to "older" shares. In the event that there are two capital increases in a financial year, the shares last issued are called "newest shares".
DIVIDEND REINVESTMENT PLANS (DRP) Plans offered by many corporations for the reinvestment of dividends, sometimes at a discount from market price, on the dividend payment date.
 See also: Settlement, Dividends, Stock Exchange, Transfer, Underlying
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