The record date is the date that the actual dividend payment is made to stockholders.

Name: The record date is the date that the actual dividend payment is made to stockholders.
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The record date is the date set by a company upon which the company determines the shareholders eligible to receive a dividend or distribution, not the date the actual payment is made. The payment date is when the dividend is actually paid to the shareholders.

The Record Date Is the Date That the Actual Dividend