Which date is used to determine which shareholders will receive the declared dividend?
A)Date of record
B)Date of declaration
C)Ex-dividend date
D)Date of payment

Question

Quizplus · Accepted Answer

The date of record is used to determine which shareholders will receive the declared dividend. The company will maintain a list of shareholders as of this date, and only those on the list will receive the dividend payment.

Which Date Is Used to Determine Which Shareholders Will Receive