Dividends Payable: Cash dividends declared per share for the last 12 months. All stock dividends are noted and all per share items are adjusted (as of ex-dividend date) proportionately.

 

Related Words

Dividends Payable: Cash dividends declared per share for the last 12 months. All stock dividends are noted and all per share items are adjusted (as of ex-dividend date) proportionately.

Note Payable: A debt owed to a creditor, evidenced by an unconditional written promise to pay a certain sum of money on or before a specified future date.

Mortgage Payable: A written promise to pay a stated amount of money at one or more specified future dates: a mortgage is secured by the pledging of certain assets, usually real estate, as collateral.

Income Taxes Payable: The amount expected to be paid to the federal and state governments based on the income before taxes reported on t he income statement.

Extra Or Special Dividends: Retire or pay off debt.

Payable Through Drafts: A method of making payment that is used to maintain control over payments made on behalf of the firm by personnel in noncentral locations. The payer's bank delivers the payable through draft . . . View Full Definition

Payable-On-Death: A bank account titled payable-on-death (POD) lets you name one or more beneficiaries to whom the assets are paid when you die. POD accounts can be useful estate planning tools in the states . . . View Full Definition

Trading Dividends: Costs of buying and selling marketable securities and borrowing. Trading costs include commissions, slippage, and the bid/ask spread. See: Transactions costs.

Selling Dividends: Inducing a prospective customer to buy shares in order to profit from a dividend scheduled in the near future.

Sales Tax Payable: Money collected from customers for sales taxes, that must be remitted to local governments and other taxing authorities.