The [blank] designates the date on which the share transfer books are closed in regard to a dividend payment.
A)declaration date
B)ex-dividend date
C)date of record
D)payment date

Question

Quizplus · Accepted Answer

The date of record designates the date on which the share transfer books are closed in regard to a dividend payment. This means that shareholders who are recorded as owners of the shares on this date will be eligible to receive the dividend payment. The declaration date is when a corporation's board of directors declares the next dividend payment, the ex-dividend date is the first day on which a stock trades without the dividend, and the payment date is when the dividend is actually paid out to eligible shareholders.

The [Blank] Designates the Date on Which the Share Transfer