On February ​5, 2018​, Superb Rental​ Corporation's board of directors declared a dividend of $ 0.10​, to be paid on March ​18, 2018​, to the shareholders of record as of the close of business on March ​9, 2018. Superb has 5,500,000 shares of $ 0.01 ​par-value common stock authorized with 1,000,000 shares issued and outstanding. The company has no preferred stock.
Required:
1. Record the declaration of the explanations from any journal entries) dividend and the payment of the dividend. Include the proper dates with each journal entry.