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Declaration date

• The date on which a company's Board of Directors meet to announce the date and amount of the next dividend payment. Once the payment has been authorized, it is known as a Declared Dividend, and becomes a legal liability that must be paid.

• The date on which a firm's directors meet and announce the date and amount of the next dividend.

 
 

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 Embedded terms in definition
 Board of directors
Dividend
Liability
 
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