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English to German translations [PRO] Bus/Financial
English term or phrase:payable (distribution) date
If you purchase shares between the record date and the payable (distribution) date, your stockbroker will receive a "Due Bill" which will be exchanged for a stock certificate after the distribution date
Explanation: I have a feeling their are not talking about the distruibution of dividends but of the shares. Context refers to the purchase and issue date of shares, as well as the delivbery of certificates after the issue date.