MLchartDataset catalogue

Dividend

Term · Law · MLC-T-LAW-001693

A distribution of a portion of a company's earnings, decided by its board of directors, to a class of its shareholders. Payments can be made in cash, as additional shares of stock, or in the form of other property. The declaration of a dividend creates a legal obligation for the corporation to pay the announced amount to shareholders of record on a specific date, making it a debt of the company.

Table 1. Record
IdentifierMLC-T-LAW-001693
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001693",
  "term": "Dividend",
  "field": "Law",
  "definition": "A distribution of a portion of a company's earnings, decided by its board of directors, to a class of its shareholders. Payments can be made in cash, as additional shares of stock, or in the form of other property. The declaration of a dividend creates a legal obligation for the corporation to pay the announced amount to shareholders of record on a specific date, making it a debt of the company.",
  "url": "https://mlchart.com/terminology/law/dividend/"
}

Record 1,572 of 5,441 in Law terminology (MLC-0107). Request the full dataset.