Which one of the following dates is used to determine the names of shareholders who will receive a dividend payment?
A)ex-rights date
B)ex-dividend date
C)date of record
D)date of payment
E)declaration date

Question

Quizplus · Accepted Answer

The date of record is the date when a company determines who its shareholders are for the purpose of distributing dividends. Only shareholders listed on this date will receive the dividend payment, regardless of when they bought or sold their shares. The ex-dividend date is the date on and after which a security trades without its dividend. The declaration date is the date when the company publicly announces its intention to pay a dividend. The ex-rights date is the date on and after which a security trades without the right to participate in a new issue. The date of payment is the date on which the dividend payment is made to eligible shareholders.

Which One of the Following Dates Is Used to Determine