The date on which the board of directors authorizes the dividend is the:
A)declaration date.
B)distribution date.
C)record date.
D)ex-dividend date.

Name: The date on which the board of directors authorizes the dividend is the: A)declaration date. B)distribution date. C)record date. D)ex-dividend date.
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Question

Quizplus · Accepted Answer

The declaration date is the date on which the board of directors authorizes the dividend. This is when the company announces its intention to pay a dividend to shareholders.

The Date on Which the Board of Directors Authorizes the Dividend