The declaration date is the date ________.
A)on which the board of directors of a corporation announces that a dividend will be paid
B)used to determine exactly who will receive dividends
C)when cash is actually paid to the shareholders
D)when earnings are declared

Question

Quizplus · Accepted Answer

The declaration date is the date on which the board of directors of a corporation announces that a dividend will be paid. This announcement includes the amount of the dividend and the date of record. It is important for investors to pay attention to the declaration date as it signals the company's commitment to providing returns to its shareholders.

The Declaration Date Is the Date ________