Rank in chronological sequence the payment date, ex-dividend date, declaration date, and record date.
A) Record date, declaration date, ex-dividend date, payment date
B) Declaration date, record date, ex-dividend date, payment date
C) Declaration date, record date, payment date, ex-dividend date
D) Declaration date, ex-dividend date, record date, payment date

Question

Quizplus · Accepted Answer

The declaration date is when the dividend is announced, the ex-dividend date is when the stock starts trading without the dividend, the record date is when shareholders must be on the company's books to receive the dividend, and the payment date is when the dividend is paid.

Rank in Chronological Sequence the Payment Date, Ex-Dividend Date, Declaration