Which of the following is the order in which key dividend dates occur:
A)declaration, with-dividend, record, ex-dividend, payment.
B)declaration, with-dividend, ex-dividend, record, payment.
C)record, declaration, with-dividend, payment, ex-dividend.
D)with-dividend, ex-dividend, record, declaration, payment.

Question

Quizplus · Accepted Answer

1. Declaration: the board of directors announces the payment of a dividend
2. With-dividend: the period of time between declaration and ex-dividend, during which the stock trades with the dividend included in the share price
3. Ex-dividend: the first day on which the stock trades without the dividend attached to it
4. Record: the date by which the company determines which shareholders are eligible to receive the dividend
5. Payment: the actual distribution of the dividend to eligible shareholders.

Which of the Following Is the Order in Which Key