Common stock dividend distributable
/What is the Common Stock Dividend Distributable?
A common stock dividend distributable is a dividend payable to the holders of a corporation’s common stock that has been declared by the entity’s board of directors, but not yet paid. Once declared, this amount is classified as a liability of the corporation. It is usually classified as a current liability on the entity’s balance sheet, since it is (usually) to be paid out within one year.
An alternative definition is that this is a dividend payable in the corporation’s common stock, rather than in cash.