declaration date

declaration date definition - finance
The date on which a companyÂ’s board of directors votes to issue a dividend. There are several days between a declaration date and the date when new shareholders lose the right to receive the dividend, called the ex-dividend date.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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