Identify each of the following dates associated with the payment of a dividend by Jefferson State Timber Company: August 15,September 5,September 7,and September 22.

Question

Quizplus · Accepted Answer

The correct sequence for dividend payment process is: Declaration Date (the date the company announces the dividend payment), Ex-Dividend Date (the date by which you must own the stock to receive the dividend, typically two business days before the Record Date), Record Date (the date on which the company looks at its records to determine the shareholders eligible for the dividend), and Payment Date (the date the dividend is actually paid to the shareholders).

Identify Each of the Following Dates Associated with the Payment