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    1. The dividend amount.
    2. How the dividend will be paid (cash, shares, property).
    3. Class of shares eligible for the dividend.
    4. 2 Sources
    • "BE IT RESOLVED THAT a dividend in the aggregate amount of $** payable to the holder (s) of the issued and outstanding [common] shares in the capital of the Corporation is declared payable on [declaration date] to the shareholders of record of the Corporation as of [record date]."
    • "RESOLVED, that the corporation pay a dividend of dollars ($.00) per share to all shareholders of record on of. RESOLVED FURTHER, that the Officers of this Corporation are authorized and directed to take any action necessary to effectuate the foregoing resolution."
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