Persons who are shareholders on the record date are entitled to receive the dividend, even if they sell their shares before the payment date.

Name: Persons who are shareholders on the record date are entitled to receive the dividend, even if they sell their shares before the payment date.
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Question

Quizplus · Accepted Answer

This statement is true. Shareholders who are on record as of the record date are entitled to receive the dividend, regardless of whether they sell their shares before the payment date.

Persons Who Are Shareholders on the Record Date Are Entitled