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

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The date of payment is when the firm actually mails out its declared dividends to shareholders. The ex-dividend date is the date on or after which a purchased share no longer comes with the right to receive the most recently declared dividend. The ex-rights date is the date on or after which a purchased share no longer comes with the right to receive the right to subscribe to newly issued securities. The date of record is the date on which the firm closes its records to determine which shareholders are eligible to receive the declared dividends. The declaration date is the date on which the firm's board of directors announces its intent to pay a dividend.

The Date on Which the Firm Mails Out Its Declared