When used together, the words "dividend" and "quotient" are two of the numbers that make up a division problem.
Dividend

The dividend is the number that is being divided in the problem. For example, in the problem 50 / 5 = 10, 50 is the dividend.
Quotient

The quotient is the solution to the division problem. In the problem 50 / 5 = 10, 10 is the quotient.
Divisor

The divisor is the number the dividend is being divided by. In the problem 50 / 5 = 10, 5 is the divisor.
Formula

If you were to write out a division problem using the words dividend, divisor and quotient, it would look like this: Dividend / Divisor = Quotient.
Alternative Definition

In the business word, a dividend is a payment made by a corporation to its shareholders.
References
Promoted By Zergnet