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 8Corporate Actions: What Lands in Your Account.

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