Dividend payment date
The deadline by which a company must remit the declared amounts to the holders of its shares.
How to read the number
For an investor this is not the day money lands in a brokerage account, but the day it leaves the company into the custody chain.
When the metric lies
Between that date and cash appearing for a retail holder there is a delay that differs from broker to broker and has nothing to do with the company's decision.
Also known as: dividend payment deadline