A person owning stock on the date of record will receive stock dividends that have been declared.

Name: A person owning stock on the date of record will receive stock dividends that have been declared.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. The date of record is the date on which a company reviews its records to determine which shareholders are entitled to receive the declared dividends. Only those shareholders who own the stock on this date will receive the dividends.

A Person Owning Stock on the Date of Record Will