The board of directors of Meadow Corporation declared a cash dividend on January 18,20x5 ,to be paid on February 18,20x5 ,to shareholders holding the stock on February 2,20x5 .Given these facts,the date February 2,20x5 ,is referred to as the

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February 2,20x5 is referred to as the date of record. This is the date on which the company determines which shareholders are eligible to receive the dividend. Shareholders who own the stock on or before this date will receive the dividend, while those who purchase the stock after this date will not. The date of declaration is the date on which the board of directors announces the dividend, the ex-dividend date is the date on which the stock begins trading without the dividend, and the date of payment is the actual date on which the dividend is paid to eligible shareholders.

The Board of Directors of Meadow Corporation Declared a Cash