Dividend:
A dividend is a portion of a company’s profits and retained earnings that it distributes to its shareholders. When a corporation makes a profit and builds up retained earnings, it can choose to reinvest those funds back into the company or distribute them as a dividend to shareholders.
The amount of a dividend is calculated on a per-share basis and is distributed equally to each shareholder. The dividend generally declared as a percentage of the face value of the stock.
The Payment date is the day on which the dividend is proclaimed that it will be paid.
The Ex-Dividend date is the cut-off date and the stock must be owned at least 1 day prior to this date in order to get the
dividend.
The Record date is usually the day following the Ex-dividend date & determines which shareholders will get the dividend.
Dividend Yield: It is a ratio of the Dividends paid relative to the Current Market Price.
