Management and Organizational Studies 2310A/B Chapter 17: CHAPTER RECAP

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2310A/B
• Professor: Danny Morrison

Document Summary

:the way a firm chooses between the alternative ways to pay cash out to shareholders. Ex. the choice to issue shares or repurchase dividends. Declaration date: the date at which a public company"s board of directors authorizes the payment of dividends. Record date: the specific date set by a public company"s board of directors on which a shareholder must be on record as owning the shares in order to qualify to be paid the upcoming dividend. Ex-dividend date: a date, two days prior to a dividends record date on or after which anyone buying the stock will not be eligible for the dividend. Payable date: a date, generally within a month after the record date, on which a firm mails dividend checks to it"s registered shareholders. Special dividend: a one time dividend payment a firm makes that is usually much larger than the regular dividend.