This article focus to Define and Discuss on Dividends. here discuss Dividends in accounting terms. Dividend may distribute cash, assets or the firm’s own stock to the stockholders. Distribution of assets, also called property dividends, will not be mentioned here. Before authorizing some sort of dividend, a company should have sufficient retained earnings and also cash or sufficient official stock. Three dates are relevant when accounting pertaining to dividends: Date of declaration, Date of record, Date of payment or submission.