[Debit] Cash/Bank xxxx
[Credit]Dividend Income xxxx
If dividend income received: Debit Cash / bank Credit Dividend income If dividend income receivable: Debit Dividend income receivable Credit Dividend income
Income earned from shares is called dividend income and shown in income statement as "Other income".
The symbol for Dividend and Income Fund in the NYSE is: DNI.
Dividend factor = Net earned income / dividend earning shares
Cash dividend paid has nothing to deal with net income as net income is calculated first and after that it is distributed. If cash dividend is received then it is included in net income calculations and increases the net income.
Dividend of 164 is the maximum tax on the dividend income that will be effected on 31st December.
The symbol for BlackRock Dividend Income Trust in the AMEX is: BQY.
BlackRock Dividend Income Trust (BQY) had its IPO in 2004.
70 percent dividend income exclusion on the tax returns of corporations. That is, if a corporation owns preferred stock, it can exclude 70 percent of dividend income and pay income taxes on only 30 percent of dividend income, both preferred and common stock.
As of July 2014, the market cap for Dividend and Income Fund (DNI) is $139,734,554.58.
The symbol for Nuveen Diversified Dividend and Income Fund in the NYSE is: JDD.
The symbol for First Trust Dividend and Income Fund in the NYSE is: FAV.