Share delivery is a form of dividend distribution for listed companies, that is, a form of distributing company profits to shareholders of listed companies through share delivery. In fact, stock issuance can be regarded as a special rights issue, but the stock price is zero. The most direct difference between stock issuance and rights issue is whether shareholders should pay for it.
Dividends are dividends paid to investors by joint-stock companies every year according to a certain proportion of their share in profits. It is the return on investment of listed companies to shareholders. Dividend is a way to distribute the current year's income to shareholders after withdrawing statutory provident fund, public welfare fund and other items according to regulations. Usually, after receiving dividends, shareholders will continue to invest in the enterprise to realize compound interest. Ordinary shares can enjoy dividends, and preferred shares generally do not enjoy dividends. A joint-stock company can only distribute dividends when it is profitable.
Shareholders holding shares must pay close attention to the four dates related to dividends.
These four dates are:
1. dividend announcement date, that is, the time when the board of directors of the company announces the dividend news to the society.
2. Registration date, that is, the date of statistical confirmation of shareholders participating in dividend distribution, during which shareholders holding shares of the company can enjoy dividend distribution.
3. The ex-dividend date is usually the working day after the registration date, and the stocks bought after this date (including today) will no longer enjoy the current dividend.
4 Payment date, that is, the date when dividends are officially paid to shareholders. Depending on the efficiency of securities depository and fund transfer, it usually reaches the shareholders' account within a few working days.