Distribution Date

Distribution Date - a distribution date is a term for the date a payment on a dividend on a stock, a distribution of a mutual fund, or a bond interest payment is made or is scheduled to be made. It?s also known the payment date, or date of payment (distribution date) Only the investors that bought the securities previous to the last dividend date will receive the dividend on the distribution date Dividends will vary in amounts depending on market conditions and the performance of the company itself, but the payment date remains the same, no matter what the payment is