A liability for a cash dividend is recorded on the

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A liability for a cash dividend is recorded on the declaration date, which is when the board of directors formally declares the dividend and announces it to shareholders. This is the date on which the company becomes legally obligated to pay the dividend and must record it as a liability on its financial statements. The other dates listed (stockholder appreciation date, record date, payment date, and dividends date) are not relevant for recording the liability for the dividend.

A Liability for a Cash Dividend Is Recorded on the