Payment of the dividend usually follows the declaration date by a week or two.

Name: Payment of the dividend usually follows the declaration date by a week or two.
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The payment of a dividend typically occurs about a month or more after the declaration date, not just a week or two. The process involves several key dates including the declaration date, ex-dividend date, record date, and finally the payment date, which is usually set several weeks to months after the declaration.

Payment of the Dividend Usually Follows the Declaration Date by a Week