The dromedary (/ËdrÉmÉdÉri/ or /-Édri/), also called the Arabian camel (Camelus dromedarius), is a large, even-toed ungulate with one hump on its back. First described by Aristotle, the dromedary was given its binomial name by Carl Linnaeus in 1758. The oldest known ancestor of the dromedary is the Protylopus. Males are 1.8â2 m (5.9â6.6 ft) tall and females are 1.7â1.9 m (5.6â6.2 ft) tall. Males range from 400â600 kg (880â1,320 lb), while females weigh 300â540 kg (660â1,190 lb). They vary in colour from a light beige to dark brown.
A corporation's Board of Directors must declare all dividends. Four dividend-related dates are important to this process: Declaration Date The declaration date is the date that the dividend is announced by the Board of Directors. The declaration statement includes the size of the dividend, the date of record and the payment date (see below). Once the dividend has been declared, the company has a legal responsibility to pay it.
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.