Corporate Actions

Payment Date

Definition

What is Payment Date?

The date on which an approved dividend or distribution is paid.

Example in practice

Eligible shareholders receive the cash dividend on the payment date.

Keep learning

An offer allowing existing shareholders to buy additional shares, usually in proportion to their holdings.

An issue of additional shares to existing shareholders without a cash payment.

An increase in the number of shares accompanied by a proportional reduction in price per share, leaving total value initially unchanged.

A vote cast by another person or electronically on behalf of a shareholder.

Think you know your investing terms?

Put your knowledge to the test with a quick quiz.