Definitions for "payable date"
The date a dividend will be paid to entitled shareholders. This date is set by the company on the declaration date.
This is the date on which distributions are paid to shareholders who don't want them reinvested.
The date on which a declared distribution is scheduled to be paid to shareholders of record. The payment date is often two or more weeks after the record date and is set by the Board of Directors. Payee - A person or business who receives a payment. For instance, a landlord who receives a rent check or a stockholder who earns a dividend.
Keywords:  portfolio, manager
Portfolio Manager