Dividend

Dear Moffat,

Thank you for your videos for F3.
In the F3 lectures you said that capital is the debt of the business to the OWNER while liability is the debt of the business to OTHERS.

So in the companies we can say equity is the debt of the company to SHAREHOLDERS and liability is the debt of the company to OTHERS.

I am just confused about divided payable. When a company approves a dividend, why we show this dividend in the liability section? It is the debt to shareholders so why we do not show it in the equity section?

Thank you very much