What are the important dates with respect to dividends? Also, what is the difference between a cash dividend and a stock dividend? Solution usually there will not be any specific dates in dividend declaration. a company can announce dividend at time in a financial year and it can announce more than one time also. if the dividend is announced in the annual general meeting then it is called as annual dividend and if the dividend is announced in between any of the other times is called interim dividend. cash dividend means the payment of benefit is in the form of cash only, the shareholders will get cash in the form of dividend. stock dividend is consist of other than cash, like issuing aditional shares, offering warrants to the employees, and any other form of shares offered to the employees. usually stock option will be gives to the higher authorities in a company. .