Hello there, @gregbonomo.
Let me have the pleasure to help share information on how to record dividends payment in QuickBooks Online (QBO).
You can simply write a check to yourself and account it the retained earnings or equity account.
On the other hand, you can also create a journal entry to record the dividends. However, I highly suggest checking with a professional accountant to account this accordingly.
Let me know if you have any other questions about recording dividends payment in QBO. I'm always available to help!