FTB-C000133 / Market data field

Payment Date

Payment date is the scheduled or actual date on which a corporate-action entitlement is delivered to eligible holders.

Also known aspayable datedistribution payment date

Foundation 8 linked topicsPublished

Definitions

In plain terms

A dividend may go ex and establish entitlement before cash is actually paid.

Technical

The record should distinguish scheduled from actual payment, cash from security delivery, currency, settlement status, source, corrections, and holder-specific delays.

Scope

Payment date is not the same as ex-date, record date, or the date a data vendor posts the record.

Examples

  • A governed index record identifies payment date with its applicable methodology version, effective time, source, and units.

Common misconceptions

  • Payment Date does not have one universal implementation without the named index methodology, data cutoff, and governance context.

Concept relationships

Prerequisites

Contrasts with

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D02-F01-A03 Important
  • D02-F02-A01 Important
  • D02-F02-A02 Important
  • D02-F02-A03 Important
  • D02-F02-A04 Important
  • D02-F02-A05 Important
  • D03-F04-A02 Important
  • D03-F04-A03 Important

Evidence and governance

  1. Corporate Actions and Events Guide FTSE Russell, London Stock Exchange Group · first party methodology

    Supports: preferred label, short definition, technical definition

    Limits: Rules are specific to applicable FTSE Russell indices and can contain market, eligibility, tax, and timing exceptions.

  2. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: variant distinction

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.