In accounting for dividends, the declaration date is the most important date because dividends are paid to whomever owns the shares on that date.

Name: In accounting for dividends, the declaration date is the most important date because dividends are paid to whomever owns the shares on that date.
Brand: Quizplus
Rating: 4.7 (61 reviews)

Question

Quizplus · Accepted Answer

The record date, not the declaration date, is crucial because dividends are paid to shareholders who are on the company's books as of the record date.

In Accounting for Dividends, the Declaration Date Is the Most