Tibetan Black Yak, Native Black, or Simply Black. Yaks of the following color types and patterns are found in the United States. Other markings and color patterns, including white, grey, and line back are common in other countries. Although not settled science, more is being learned all the time through breeder cooperation within the International Yak association, from the literature available from other countries, and ongoing DNA analysis.
The payment date (or âpay dateâ) is the day when the dividend checks will actually be mailed to the shareholders of a company or credited to brokerage accounts. The declaration date is the day on which a companyâs board of directors announces its next dividend payment. Also known as the âannouncement date,â this is the least important date for dividend investors to consider.
To illustrate how these three dates relate to an actual situation, assume the board of directors of the Allen Corporation declared a cash dividend on May 5, (date of declaration). The cash dividend declared is $1.25 per share to stockholders of record on July 1, (date of record), payable on July 10, (date of payment). Because financial transactions occur on both the date of declaration (a liability is incurred) and on the date of payment (cash is paid), journal entries record the transactions on both of these dates.