Difference between dividends paid vs declared?

Need to make an entry affecting Shareholders' Equity when dividends are declared. When the dividend is paid, it only affects payable and cash, does not change Shareholders' Equity.

What is the difference between dividend proposed and paid

Provision made for proposed dividend in the Financial on year closing approx for 10%. Payment will be made after AGM approval. In between financial closing date and AGM any changes happen in the shareholding, whether dividend should be payable? What is the percentage? Shall we reduce the original percentage proposed.

Why are we digging up old posts

Someone answer the question and stop dancing around the forest :/

Dividend declared is the Declaration date of dividends. This means the Company is saying they will pay dividends to stockholders on a certain date. This is a liability to the company.

Dividends paid is the date dividends are actually paid by the company.

Thumbs up clearified :)

Dividend declaration actually depends on the jurisdiction. In our country, the declaration of dividends does not need further approval of the board of directors. In the date of declaration, there should be an entry. Debit Retained Earnings Credit Stock/Property/Cash dividend payable depending on which type of dividend is declared. Such declaration is a liability to the declaring entity except for the Stock Dividends Payable, this account shall not be presented in the Liabilities section of the Statement of Financial Position since it is more of an equity account. We all know that for a "liability" to become a liability, it should be settled by cash, non-cash assets or services. Now a share does not qualify in any of those so it should not be classified as a liability. It shall be presented as an addition to the share capital if the shares were not yet issued and the financial statements were already prepared.

Now, in the payment of the dividends, an entry is required. Dr Stock/property/cash dividend payable credit share capital/property/cash.

Thumbs up if you here because of cima challenge