Announcement Date

Business, Legal & Accounting Glossary

Definition: Announcement Date



Full Definition of Announcement Date


Most commonly, the announcement date is the date on which a company declares dividends. In this usage, announcement date is a synonym for the declaration date. Suppose on the announcement date of May 1 the company’s board declares a quarterly dividend of $.25 on the company’s 500,000 outstanding shares, to be paid on May 31 to shareholders of record on May 15. Because the company incurred a legal liability on the announcement date of May 1, it increases its dividends payable account by $125,000 (500,000 X $.25) and reduces its retained earnings by $125,000. Payment of $125,000 on May 31 reduces cash and extinguishes the liability incurred on the announcement date. More generally, the announcement date is the date the company announces an important financial event. For example, the NASDAQ defines announcement date as the first day a stock split is made public. The announcement date is similarly defined for mergers, tender offers, business combinations, and so on.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/announcement-date/
Modern Language Association (MLA):
Announcement Date. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 03, 2020 https://payrollheaven.com/define/announcement-date/.
Chicago Manual of Style (CMS):
Announcement Date. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/announcement-date/ (accessed: December 03, 2020).
American Psychological Association (APA):
Announcement Date. PayrollHeaven.com. Retrieved December 03, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/announcement-date/

Definition Sources


Definitions for Announcement Date are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th February, 2020 | 0 Views.