Just to be clear about recognition of firm issued stock dividends...

Stock dividends, that are paid by the company issuing the stock, are only reported in the calculation of retained earnings, correct? It is ONLY reported in equity components, and NOT in the calculation of net income as an expense?

[I know that when a company receives a dividend from a stock it has invested into from another firm, the dividend is reported as revenue in the income statement. I am speaking specifically in reference to dividend expense recognition from the firm’s own issued securities.]

Thank you.

NB: The above excludes cash flow statement as I haven’t studied that topic yet.