For dividends, the date of record is the date:
A)The dividend is actually paid.
B)The market price of the shares drops due to the dividend.
C)The dividend is announced.
D)On which the list of shareholders is prepared.

Question

Quizplus · Accepted Answer

The date of record is the date on which the company prepares the list of shareholders to receive the dividend. It is not the date the dividend is paid, announced, or the date the share price adjusts for the dividend.

For Dividends, the Date of Record Is the Date