dividend definition
A distribution of part of a corporation's past profits to its stockholders. A dividend is not an expense on the corporation's income statement.
A distribution of part of a corporation's past profits to its stockholders. A dividend is not an expense on the corporation's income statement.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.