Which of the following occurs at the date of record?
A)The company pays the dividend.
B)The company accrues the dividend to be paid.
C)The board of directors declares the dividend.
D)A list of shareholders entitled to receive the dividend is prepared.
E)None of the choices occurs at the date of record.

Question

Quizplus · Accepted Answer

At the date of record, a list of shareholders entitled to receive the dividend is prepared. This is important for the company to ensure that dividends are only paid to eligible shareholders. Other options, such as paying the dividend or declaring the dividend, occur at different times in the dividend process.

Which of the Following Occurs at the Date of Record