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.