A dividend is a payment a limited company can make to shareholders when it has made and retained sufficient profit. For those companies that make a dividend payment, it's usually paid twice a year, although some large companies pay four times a year.
Dividends can be paid either as cash or shares. You must own a stock (be fully settled) on or before the ex-dividend date in order to receive the next scheduled dividend. Dabbl will automatically credit your account accordingly on the Dividend Pay Date.