Corporation Transfer Stock With Dividends
Description
How to fill out Corporation - Transfer Of Stock?
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FAQ
The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a shareholders' equity account) and an increase (credit) to Dividends Payable (a liability account):
To record a dividend, a reporting entity should debit retained earnings (or any other appropriate capital account from which the dividend will be paid) and credit dividends payable on the declaration date.
Yes. But the dividend currency has to match the country where the payee account is registered.
Any dividend paid by a company gets credited to the bank account of the investor with an intimation sent to him.
If dividends are to be paid, a company will declare the amount of the dividend and all relevant dates. Then, all holders of the stock (by the ex-date) will be paid ingly on the upcoming payment date. Investors who receive dividends can choose to take them as cash or as additional shares.
