The date on which the ﬁrm mails out its declared dividends is called the ______________.

Question

Quizplus · Accepted Answer

The date on which the firm mails out its declared dividends is called the date of payment. This is when shareholders are actually paid the declared dividend amount. The other options are: 
A) Date of ex-rights - This is the date on which the stock trades without the rights attached to it, such as the right to subscribe to additional shares.
B) Date of ex-dividend - This is the date on which the stock trades without the dividend attached to it, so if a shareholder buys the stock after this date, they will not receive the upcoming dividend payment.
C) Date of record - This is the date on which a shareholder must be on the company's books as an owner in order to receive the upcoming dividend payment.
E) Date of declaration - This is the date on which a company announces its intention to pay a dividend.

The Date on Which the ﬁRm Mails Out Its Declared