Which of the following is the order in which key dividend dates occur?
A) Declaration, record, ex-dividend, payment
B) Declaration, ex-dividend, record, payment
C) Record, declaration, payment, ex-dividend
D) Ex-dividend, record, declaration, payment

Question

Quizplus · Accepted Answer

The order of key dividend dates is as follows: 
1. Declaration date: when the company announces its intention to pay a dividend 
2. Ex-dividend date: the first day that the stock trades without the dividend 
3. Record date: the date on which the company determines which shareholders are eligible to receive the dividend 
4. Payment date: the date on which the company actually pays the dividend to eligible shareholders. 
The correct order is therefore Declaration, ex-dividend, record, payment, which is option B.

Which of the Following Is the Order in Which Key