There is no journal entry for the dividend date of record.

Name: There is no journal entry for the dividend date of record.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A dividend date of record is simply the date on which the company identifies shareholders who are eligible to receive a dividend. No action or change occurs on this date, so there is typically no need for a journal entry. The journal entry for a dividend typically occurs on the payment date, when the dividend is actually distributed to shareholders.

There Is No Journal Entry for the Dividend Date of Record