The date on which actual dividend checks are mailed to shareholders is the:
A) declaration date.
B) payment date.
C) ex-dividend date.
D) record date.

Question

Quizplus · Accepted Answer

The payment date is the date on which actual dividend checks are mailed to shareholders. The declaration date is when the company publicly announces that a dividend will be paid, the ex-dividend date is the date on which new buyers of the stock will not receive the upcoming dividend, and the record date is the date on which shareholders must own the stock in order to receive the dividend.

The Date on Which Actual Dividend Checks Are Mailed to Shareholders