Unpaid Dividend
A dividend that is owed to stockholders of record but has yet to be distributed. An unpaid dividend will exist in the time between the date of record (when the stock will be trading ex-dividend) and the dividend payment date. Investopedia Says:
Most dividends have an "of record" date - a date as of which all holders of the security are eligible to receive the dividend. During the time between this date and the actual date of payment, even investors who sell their holdings will still receive the dividend. Related Terms:
Common Stock
Declaration Date
Ex-Date
Ex-Dividend
Holder Of Record |