The date a board of directors votes to pay a dividend is called the:
A) Date of the annual shareholders meeting.
B) Date of declaration.
C) Date of record.
D) Liquidating date.
E) Date of payment.

Name: The date a board of directors votes to pay a dividend is called the: A) Date of the annual shareholders meeting. B) Date of declaration. C) Date of record. D) Liquidating date. E) Date of payment.
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Question

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The date of declaration is the date on which the board of directors votes to pay a dividend.

The Date a Board of Directors Votes to Pay a Dividend