Investing term
What is Declaration date?
The date the company's board formally announces the dividend.
The declaration date is when a company's board formally announces an upcoming dividend, stating the amount and the key dates that follow (ex-date, record date, pay date). It's the starting gun of the dividend calendar — until the board declares, a dividend is only expected, not promised.
For example
On the declaration date a board announces a $0.40 dividend payable next month — turning an analyst's expectation into a committed payment.
Declaration date is taught hands-on in Stage 8 — Corporate Actions: What Lands in Your Account.
See the lesson →