Dividend
Dividend is cash, other assets, or shares of stock that a corporation issues to the stockholders or, in other words, distributes to stockholders as their earnings. Dividend is payable liability showing amount of cash dividend owed.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Dividend. Cash or other assets that a corporation distributes as earnings to stockholders.
- Dividend. Payable Liability showing amount of cash dividend owed.
- Dividend. Cash, other assets, or shares of stock that a corporation issues to the stockholders.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Dividend. A direct payment from a firm to its shareholders.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
