   
|
|
Announcement Date
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
Most commonly, the announcement date is the date on which a company declares dividends. In this usage, announcement date is a synonym for the declaration date. Suppose on the announcement date of May 1 the company's board declares a quarterly dividend of $.25 on the company's 500,000 outstanding shares, to be paid on May 31 to shareholders of record on May 15. Because the company incurred a legal liability on the announcement date of May 1, it increases its dividends payable account by $125,000 (500,000 X $.25) and reduces its retained earnings by $125,000. Payment of $125,000 on May 31 reduces cash and extinguishes the liability incurred on the announcement date. More generally, announcement date is the date the company announces an important financial event. For example, the NASDAQ defines announcement date as the first day a stock split is made public. The announcement date is similarly defined for mergers, tender offers, business combinations, and so on.
Rate this announcement date definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: inflation, FICO score, EBITDA, labor relations, option premium, 1035 exchange, 144a, deferred revenue, limit order, balance sheet, ex-dividend date, dividends payable, command economy, current ratio, phantom income, required rate of return, average price per share, real GDP, FTSE, stock split, deferred tax, diluted share, margin rate, class C shares, debt service coverage, minority interest, open position, annual return, ex-dividend, 401a, risk management, reverse mortgage, covered put, in escrow, LIBOR, implied volatility, wholly-owned subsidiary, irrevocable trust, quality assurance, stock market close, liquidity ratio, cancelled check, 1031 exchange, APR, Key Rate Duration, Zero Cost Collar, per diem, retained earnings, VIX
|
|
| |