In order to receive a dividend,a stockholder must have owned the stock as of the declaration date.

Name: In order to receive a dividend,a stockholder must have owned the stock as of the declaration date.
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To receive a dividend, a stockholder must own the stock as of the ex-dividend date, not the declaration date. The declaration date is when the company announces the dividend, but the ex-dividend date is the crucial date by which an investor must be on the company's books to receive the dividend.

In Order to Receive a Dividend,a Stockholder Must Have Owned