Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Ordinary Dividends

Updated on 2023-08-29T11:59:09.936341Z

The ordinary dividends are the regular payment mad by the company to their shareholders as a part of their profit. If the company is listed on the stock exchange the one must declare an ex-dividend date, anyone who owned a share of the company receives dividend on this day and actual dividend is paid on payable date. The dividends fall into two categories; Qualified and Non-qualified dividends.