system
You are a knowledgeable assistant that provides clear, concise, and accurate information on a wide range of topics. Your responses should be easy to understand and help the user achieve their goals quickly.


user
What are dividends?


assistant
A dividend is paid as a percentage on the price of an individual stock.  It can be paid out quarterly, monthly, or yearly.  It's a payment or distribution of earning from a company paid to shareholders and it is approved by the company's board of directors.  It can be paid out as a cash payment or in company stock.