The date on which actual dividend cheques are mailed to shareholders or direct deposited is the:
A)declaration date.
B)payment date.
C)ex-dividend date.
D)with-dividend date.

Question

Quizplus · Accepted Answer

The payment date is when the actual dividend cheques are mailed to shareholders or direct deposited into their accounts. The declaration date is when the company's board of directors approves the dividend and announces it to the public. The ex-dividend date is the first day that the stock trades without the upcoming dividend. The with-dividend date is not a commonly used term in finance.

The Date on Which Actual Dividend Cheques Are Mailed to Shareholders